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Ethnic minority entrepreneurs and businesses contribute at least £74 billion a year into the UK economy 

Despite the huge challenges they often face, ethnic minority entrepreneurs and businesses make a huge economic contribution to the UK. In fact, they contribute £74 billion a year to the UK economy based on a recent study by global think-tank Open Political Economy Network (OPEN), commissioned by MSDUK, a Leicester-based membership organisation that champions diversity and inclusion in public and private-sector supply chains.

The subsequent report, titled Minority Businesses Matter, found that ethnic minority businesses make six specific contributions:

Help combat the Covid-19 crisis | Fuel technological progress | Promote innovation | Increase export figures Enhance environmental sustainability | Contribute to the transformation of deprived areas

Yet, these contributions are often overlooked by policymakers, the wider business community and the public.  

We invite you to join us on 31st March at 1-2pm GMT for an interactive conversation with the Enterprise Academy, OPEN and prominent Black entrepreneurs to discuss the state of Black businesses in the UK as well as unpack what more can be done to showcase the success and economic contributions these businesses.

We'll be streaming on LinkedIn and Facebook!

Download the report here!

 During the conversation, we will discuss the following

The six contributions by ethnic minority businesses, specifically Black businesses

The challenges Black entrepreneurs and business-owners face in the UK and what support is available

How policymakers can collaborate with Black entrepreneurs to better understand the communities they serve and represent

How to effectively promote Black businesses in media and press

We will be joined by Black entrepreneurs

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Melanie Eusebe
Chair and Co-founder
The Black British Business Awards 


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Ellenor McIntosh
Director of Operations and Co-founder
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Peter Oakden
Founder and CEO

As well as representatives from OPEN and MSDUK

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Martyn Fitzgerald
Senior Researcher
Open Political Economy Network (OPEN)
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Mayank Shah
Founder and CEO
Minority Supplier Development UK (MSDUK)
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 Philippe Legrain
Open Political Economy Network (OPEN)

Register Here

Register to receive a calendar invitation and reminder for the online discussion









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