New Generation Mindset (NGM) is a 100% black-owned business support company that regularly partners with government through extensive, collaboration in local and global agencies, as well as blue-chip corporates, to provide its clientele with competitive processes, support structures and enterprise development tools.
The company promotes a new mindset towards economic and social innovation, with a strategic focus on sustainable economic, enterprise and supplier development solutions that revitalise small, medium-size and microenterprise (SMME) development.
The NGM team assesses national and local government economic development priorities, ringfencing initiatives within which to invest clients’ enterprise development and corporate social investment funds. The company ensures that clients achieve optimal results and fulfil legislated broad-based black economic empowerment (BBBEE) requirements through its effective and intelligent solutions, which score high on the BBBEE scorecard.
The company believes that human capital is the most valuable and, often, the most expensive asset in business. The NGM Business Academy provides comprehensive training, human resources and advisory and development solutions, with a holistic approach to meeting clients’ human capital development needs in order to make a significant impact on business performance.
The NGM Centre of Excellence promotes economic growth and poverty reduction through incubation and mentorship programmes, with a key focus on establishing and growing successful enterprises in the engineering, renewable-energy, mining and information and communication technology sectors, which are responsive and able to adapt to local economic development demands.
Successful global economies boast strong enterprise development, incubators to support start-ups and a strong network of SMMEs. These key components ensure economic growth, job creation, reduction in unemployment and poverty alleviation. For most SMMEs and entrepreneurs, incubation and mentorship constitute a critical stepping stone from the informal sector to the economic mainstream.
As a leading strategy and economic development practice, NGM is determined to drive the economic wellbeing of South African small businesses and generate sustainable growth for SMMEs through world-class advice, facilities, mentoring and business incubation support and linkages.