SOCIAL IMPACT
SOCIAL IMPACT
SOCIAL IMPACT
How We Built a Procurement Platform in Just 2 Weeks
How We Built a Procurement Platform in Just 2 Weeks
How We Built a Procurement Platform in Just 2 Weeks
MVP Development | Fractional Leadership
MVP Development | Fractional Leadership
Overview
Overview
Overview
Delivering a Procurement Platform to Empower Black-Owned Businesses
Black Business Warehouse was founded in the wake of the George Floyd murder, with a mission to create wealth opportunities for black-owned businesses. The platform aimed to connect these businesses with Fortune 500 companies, offering a fast, scalable solution to address procurement needs. We were tasked with building a Minimum Viable Product (MVP) in under two weeks, which was successfully used to raise seed capital. Our partnership continued with ongoing development and strategic guidance as Black Business Warehouse expanded its offerings, including the addition of a recruiting platform. Today, the platform has facilitated over $50 million in economic value, forming partnerships with major companies like JP Morgan, Chase, and Washington Trust Bank.
Black Business Warehouse was founded in the wake of the George Floyd murder, with a mission to create wealth opportunities for black-owned businesses. The platform aimed to connect these businesses with Fortune 500 companies, offering a fast, scalable solution to address procurement needs. We were tasked with building a Minimum Viable Product (MVP) in under two weeks, which was successfully used to raise seed capital. Our partnership continued with ongoing development and strategic guidance as Black Business Warehouse expanded its offerings, including the addition of a recruiting platform. Today, the platform has facilitated over $50 million in economic value, forming partnerships with major companies like JP Morgan, Chase, and Washington Trust Bank.
2 weeks
MVP Development Timeline
Developed a fully functional MVP in just 14 days, enabling Black Business Warehouse to raise capital for seed investments.
2 weeks
MVP Development Timeline
Developed a fully functional MVP in just 14 days, enabling Black Business Warehouse to raise capital for seed investments.
2 weeks
MVP Development Timeline
Developed a fully functional MVP in just 14 days, enabling Black Business Warehouse to raise capital for seed investments.
$50 million
Economic Value Generated
The platform has generated over $50 million in economic value for black-owned businesses through procurement deals.
$50 million
Economic Value Generated
The platform has generated over $50 million in economic value for black-owned businesses through procurement deals.
$50 million
Economic Value Generated
The platform has generated over $50 million in economic value for black-owned businesses through procurement deals.
$10 million
Company Valuation
Black Business Warehouse is now valued at $10 million, reflecting its rapid growth and market potential.
$10 million
Company Valuation
Black Business Warehouse is now valued at $10 million, reflecting its rapid growth and market potential.
$10 million
Company Valuation
Black Business Warehouse is now valued at $10 million, reflecting its rapid growth and market potential.
The Challenge
Creating wealth for black-owned businesses in America has historically been an uphill battle due to systemic barriers, limited access to procurement opportunities, and underrepresentation in major corporate supply chains. Without an efficient way to connect with large enterprises, black-owned businesses face significant challenges in scaling their operations, securing contracts, and achieving long-term growth. This lack of access not only limits wealth creation for these businesses but also stifles economic empowerment within the black community, perpetuating inequality. The ripple effect of this inequality contributes to the widening wealth gap in society, restricting the broader potential for economic diversity and inclusion.
The Impact
Our rapid development of the procurement platform for Black Business Warehouse had a transformative impact on black-owned businesses. By delivering a fully functional MVP in just two weeks, we enabled the platform to quickly enter the market and facilitate procurement opportunities between black-owned businesses and major corporations. This directly contributed to over $50 million in economic value for the businesses involved, breaking down long-standing barriers to corporate supply chains. The platform has empowered black-owned businesses to scale, build wealth, and forge meaningful partnerships with Fortune 500 companies, helping to drive economic growth and foster wealth creation within the black community.
A Proven Process
A Proven Process
A Proven Process
Our Path to Success
Our Path to Success
Understanding the Market to Shape the Solution
We teamed up with Boston Consulting Group to learn the biggest challenges faced by Black-owned businesses. This research shaped our strategy for the platform.
Clear Problem Identification
Discovered the main obstacles in procurement for Black-owned businesses.
Strategic MVP Plan
Developed a focused plan to create an MVP that addresses those issues.
Market Research & Strategy Development
Rapid MVP Development
Continuous Development & Feature Expansion
Strategic Partnerships & Economic Impact
Understanding the Market to Shape the Solution
We teamed up with Boston Consulting Group to learn the biggest challenges faced by Black-owned businesses. This research shaped our strategy for the platform.
Clear Problem Identification
Discovered the main obstacles in procurement for Black-owned businesses.
Strategic MVP Plan
Developed a focused plan to create an MVP that addresses those issues.
Market Research & Strategy Development
Rapid MVP Development
Continuous Development & Feature Expansion
Strategic Partnerships & Economic Impact
Understanding the Market to Shape the Solution
We teamed up with Boston Consulting Group to learn the biggest challenges faced by Black-owned businesses. This research shaped our strategy for the platform.
Clear Problem Identification
Discovered the main obstacles in procurement for Black-owned businesses.
Strategic MVP Plan
Developed a focused plan to create an MVP that addresses those issues.
Market Research & Strategy Development
Rapid MVP Development
Continuous Development & Feature Expansion
Strategic Partnerships & Economic Impact
If it weren't for Dusseau and company consulting and developing our MVP, we wouldn't have been able to raise our seed round, which was the foundation of our ongoing success. We are immensely grateful for their commitment to our cause.
Founder of Black Business Warehouse | CEO of RetailLock Box | Listed on the Washington Power 100
If it weren't for Dusseau and company consulting and developing our MVP, we wouldn't have been able to raise our seed round, which was the foundation of our ongoing success. We are immensely grateful for their commitment to our cause.
Founder of Black Business Warehouse | CEO of RetailLock Box | Listed on the Washington Power 100
If it weren't for Dusseau and company consulting and developing our MVP, we wouldn't have been able to raise our seed round, which was the foundation of our ongoing success. We are immensely grateful for their commitment to our cause.
Founder of Black Business Warehouse | CEO of RetailLock Box | Listed on the Washington Power 100
More Success Stories
More Success Stories
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How We Built a Procurement Platform in Just 2 Weeks
Services
What We Do
How We Help
Who We Help
How We Work
Pricing
Estimate your Project
About us
Our Leadership
Message from our Founder
Join The Impact Lab!
Stay Informed with Our Latest business and tech Insights.
Case Studies
How Fundrage Helped Sarah Find Meaningful Ways to Give Back
How We Streamlined Cemetery Management with a Modern, Secure, and Mobile-Responsive Solution
How We Improved Efficiency and Scalability for a SMB Lending Company by 73.5%
How We Enabled Enterprise-Grade Procurement for Large Enterprises with a 2-Month Digital Overhaul
How We Expanded Daily Active Users by 76% in Just 8 Months
How We Increased Vaccination Compliance by 97%
How We Reduced Feature Development Time from 1 Year to 2 Weeks for Empower Behavioral Health
How We Delivered a Fully Functional MVP in Just 3 months, Managing Over $300M in Real Estate Deals
How We Increased Productivity by 20% for an Asset Management Company
How We Built a Procurement Platform in Just 2 Weeks
Services
What We Do
How We Help
Who We Help
How We Work
Pricing
Estimate your Project
About us
Our Leadership
Message from our Founder
Join The Impact Lab!
Stay Informed with Our Latest business and tech Insights.
Case Studies
How Fundrage Helped Sarah Find Meaningful Ways to Give Back
How We Streamlined Cemetery Management with a Modern, Secure, and Mobile-Responsive Solution
How We Improved Efficiency and Scalability for a SMB Lending Company by 73.5%
How We Enabled Enterprise-Grade Procurement for Large Enterprises with a 2-Month Digital Overhaul
How We Expanded Daily Active Users by 76% in Just 8 Months
How We Increased Vaccination Compliance by 97%
How We Reduced Feature Development Time from 1 Year to 2 Weeks for Empower Behavioral Health
How We Delivered a Fully Functional MVP in Just 3 months, Managing Over $300M in Real Estate Deals
How We Increased Productivity by 20% for an Asset Management Company
How We Built a Procurement Platform in Just 2 Weeks
Services
What We Do
How We Help
Who We Help
How We Work
Pricing
Estimate your Project
About us
Our Leadership
Message from our Founder