Boosting BAME Entrepreneurship in the UK

Here at Ohcul jobs, we promote diversity and equality in the workplace and we also appluad the people who create those jobs! It has been recently discovered, however, that only 5% of UK's small businesses are BAME owned.

This is an excerpt taken from the Start Ups website:

The lack of diversity in British business is a pressing issue. And one that’s taken up thousands of column inches, sparked debate on social media, been a theme for many a start-up event and a focus of government research.

A study from The Department for Business, Energy and Industrial Strategy (DBEIS) found that just 5% of the UK’s small and medium-sized businesses are ethnic minority-led.

In May last year, TechCrunch editor-at-large Mike Butcher echoed this sentiment when he posted on Twitter: “You know, it’s great that there are so many UK ‘women in tech’ type groups now, but where’s the support and groups for black tech founders?”

And it’s not just black tech founders that need support, the BAME community – and support for BAME founders – have been under the radar.

But the tide is turning.

At the start of 2018, London Mayor Sadiq Khan launched a £7m initiative to help get more young people from diverse backgrounds into the capital’s technology sector, while over 20% of its £400m in lending has been given to BAME entrepreneurs to date, equating to 11,000 people.

And BAME entrepreneurs are making waves in a cross-sector of industries; from food and beverage to recruitment and retail – start-up stories that should be shared and celebrated.

We’ve gathered nine successful and up-and-coming ethnic minority founders to shine a light on their achievements and inspire others from an ethnic minority background to follow in their footsteps…

You can see the whole article here

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