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UK
B L A C K B U S I N E S S G U I D E 2022-23
POTENTIAL: The contribution of black and ethnic minority owned businesses could rise from £25 billion to £100 billion if they are given the right support
Black business growth must be given greater support says new report The Time to Change report from Aston University and NatWest calls for big changes in the way black and minority ethnic businesses are treated by the UK’s finance and business sectors
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LACK AND minority ethnic business owners must be supported in their efforts to grow, especially in light of the pandemic’s harmful effects on people from these communities, according to a new report.
Research conducted by Aston University’s Centre for Research in Ethnic Minority Entrepreneurship (CREME) and NatWest is calling for significant improvements in the support that black and ethnic minority-owned firms receive from the business and
finance sectors in the UK. These businesses encounter several challenges in obtaining financing, access to markets, and high-quality business support, the report, called Time to Change, concluded. It made 10 key recommendations and said
