Unlocking the Potential of Diverse Businesses
Boris Johnson comes together with the National Black Women’s Network, NatWest, Mishcon de Reya and other dynamic thought leaders to explore opportunities for Improving Access to Finance for London’s BME Businesses.
This super packed day kicks off with a high profile plenary session that examines the small business landscape and how government services can strategically overcome the barriers and obstacles that stop Black, Minority Ethnic (BME) micro and female led small business owners from accessing finance for start-up, development and growth.
Women-led businesses annually contribute an estimated £70 billion to the British economy while BAME businesses (who constitute around 8 per cent of the small firm population) contribute between £25 billion and £32 billion to the economy per year; however, it’s a sad state of affairs that both women and the BAME community face significantly more issues than their mainstream counterparts when starting and growing their businesses.
By building on the reputation and work of the National Black Women’s Network we will bring together handpicked, dynamic and highly acclaimed business owners, experts and financial specialists and banks to deliver education, inspiration, information and networking to a pan London wide business community looking to grow their business, increase their profits, find more clients and make the transition into playing bigger and bolder in 2013 and beyond.
The event will attract in excess of 250 micro, small and solopreneurs; business owners; coaches; consultants; home workers and leaders of social enterprises who require a pragmatic and practical approach to gaining knowledge of the experience and skills required to raise capital, start and grow a successful business.
The Unlocking the Potential of Diverse Businesses: Improving Access to Finance event will provide a platform for the leading thought leaders and experts in retail banking, financial institutes and government bodies to come together to explore, make recommendations and take advantage of the development in the SME market to access the right type of financial products for their business, especially when they are unable to obtain these facilities from mainstream institutions.