Members of Leicester’s startup community are being invited to discuss inclusivity, diversity and entrepreneurship, following a new report.
The report entitled ‘Alone Together: Entrepreneurship and Diversity in the UK‘ was commissioned by the FSE Group and The British Business Bank (BBB).
It examines the profound effects ethnic and economic background, gender and place have on entrepreneurial opportunities and outcomes.
Some of the report’s findings include:
- After starting a business, Black business owners have median turnover of just £25,000, compared to £35,000 for White business owners.
- Female business owners of all ethnicities experience significantly lower median turnover than male entrepreneurs
- Location is an important factor in success, irrespective of ethnicity and gender.
- Irrespective of gender or ethnicity, those with lower household income are less able to invest in their ideas, have fewer resources to develop their business prior to launch, and struggle to access the finance they need.
Following the report the FSE Group and BBB are running a series of workshops throughout February focussing on inclusivity and providing access to support for businesses from under-represented groups and areas.
The launch event for these workshops takes place on 27th January and will be hosted by Piers Linney.