Employment Week Presentation Brussels


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  • Employment Week Presentation Brussels

    1. 1. Minority Businesses Diaspora Interchange Ramesh Prema Prevista Paul Hanna Birmingham Chamber of Commerce June 2007
    2. 2. Introduction - Prevista <ul><li>Founded in 1995 </li></ul><ul><li>Consulting company that manages and implements contracts and services for the public sector </li></ul><ul><li>Specialist fields - enterprise, regeneration and skills </li></ul><ul><li>Local and regional government, EU projects, partnerships </li></ul><ul><li>Assisted over 15,000 new start ups and SMEs </li></ul><ul><li>60 staff and 70 specialist trainers and consultants </li></ul><ul><li>www.prevista.co.uk </li></ul>
    3. 3. Purpose of the presentation <ul><li>To provide a summary of the BAME contribution to the economies of London & Birmingham, UK </li></ul><ul><li>To provide summary information regarding the ‘Minority Businesses Diaspora Interchange’ EQUAL project </li></ul><ul><li>To outline the key achievements of the project </li></ul>
    4. 4. BAME Business Communities at a glance: Fast changing picture. New arrivals tend to locate in inner city cheap premises, operate in retail and service sectors, esp businesses with low barriers to entry and low returns. Initial survey in 2006 indicated c150 and growing rapidly No official figures New arrivals (Somali, Kurdish, Yemeni and a range of other groups) Catering, Internet Cafes, retail Limited numbers 1,000 2,800 3,500 1,600 600 Turkish- catering, retail and textile trades Middle East- Highly educated with strong international trading link Greek Cypriot- Cloth manufacturer, restaurant. 2500 (approx) West Asian businesses, Turkish are the largest. West Asian (Turkish, Turkish Cypriot, Kurdish and Middle East communities) Catering, Textiles, Export and Import Mostly service based, Chinese are the highest educated group in UK, shifting from restaurants to technology, Financial and professional services. In Birmingham, almost a third of the Chinese population are engaged in self-employment. Mostly dominated by Chinese businesses East Asian (Chinese, Japanese, Vietnamese, Korean, Indonesian and Philipino) Textiles, Travel, Catering, and Export-Import Estimated £10bl turnover with £4.4bl disposable income. Under-represented in self-employment. 16,000 (approx) Black Caribbean and Black African Personal Services (hairdressing and beauty), Catering, Car repair services, Import& Export, accountancy and small scale construction Indian-owned businesses is the largest and most successful enterprise community with £20bl turnover in 2004. Rates of self-employment in all these communities exceed the white population. Indian c10,000 Pakistani c4,000 Bangladeshi c900 South Asian (Indian, Pakistani, Bangladeshi, Afghan and Nepalese) Catering, Food retailing, Clothing/Textiles and Transport Contribution to the economy and Current trend Number of businesses in key ethnic groups London Birmingham Ethnic Business Group
    5. 5. Key features of BAME businesses in London and Birmingham <ul><li>Significant number of BAME owned businesses concentrate in the traditional and </li></ul><ul><li>ethnic niche sector: </li></ul><ul><li>Majority of BAME businesses are small </li></ul><ul><li>Status of the businesses: Mostly sole trader and private limited company </li></ul><ul><li>BAME’s gradually shifting from ethnic niche market to more mainstream and international growth sector. </li></ul><ul><li>Successful 2 nd generation BAME businesses in mainstream and international sectors: Banking and Financial, Professional Services, ICT, Media, Fashion, Recruitment </li></ul><ul><li>Most of the successful BAME business owners are highly educated. </li></ul>
    6. 6. Barriers, Growth and Success: <ul><li>Access to finance problem </li></ul><ul><li>- 25% Black business (and less likely to use informal sources) </li></ul><ul><li>- 11% Asian owned businesses </li></ul><ul><li>- 10% white owned businesses </li></ul><ul><li>Finding suitable skilled staff </li></ul><ul><li>Access to private and public sector contracts- BAME owned businesses are under-represented in public sector contracts and have difficulty breaking into new markets </li></ul><ul><li>Access to business premises - lack of suitable commercial office premises and low-cost office accommodation holding back BAME enterprises </li></ul><ul><li>Access to business support and advice – still a dearth of knowledge of what is good practice </li></ul><ul><li>International trade and partnership </li></ul>
    7. 7. Strategies for BAME business Success: <ul><li>Three main strategies adopted by BAME businesses for development and sustainability </li></ul><ul><li>Moving from immediate ethnic market to wider community </li></ul><ul><li>Start-up in mainstream and growth sector </li></ul><ul><li>International and global trading </li></ul><ul><li>Support agencies need to: </li></ul><ul><li>Improve the data they have about BAME businesses </li></ul><ul><li>Engage with them more effectively </li></ul><ul><li>Promote sectoral diversity </li></ul><ul><li>Improve access to finance </li></ul><ul><li>Share good practice </li></ul>
    8. 8. The Minority Diaspora EQUAL project <ul><li>Aims and objectives: </li></ul><ul><li>To Identify and exploit new ways of supporting BAME entrepreneurs by working with targeted minority business groups (African- Caribbean, Chinese, Vietnamese, Bangladeshi and Latin American) in urban areas across the UK and Europe which would: </li></ul><ul><li>Open up opportunities for minority entrepreneurs to grow their businesses </li></ul><ul><li>Increase the survival rates of these businesses through stronger business networks </li></ul><ul><li>Accelerate minority businesses rates of growth and impact on employment levels </li></ul><ul><li>Support transitioning businesses from the informal to the formal business sector </li></ul>
    9. 9. Project Work Streams <ul><li>BME Business Networks: </li></ul><ul><li>Engaging, supporting, establishing and developing existing and new networks </li></ul><ul><li>University Research: Barriers faced by Refugees and New Arrivals, Procurement </li></ul><ul><li>International Networks: </li></ul><ul><li>Bangladeshi, Chinese, EU partners – Italy, Holland, France </li></ul><ul><li>Creative enterprise Support: </li></ul><ul><li>Focus on supporting start ups n the creative sector </li></ul><ul><li>Mainstream Business Support: </li></ul><ul><li>The role of enterprise agencies, chambers and business links </li></ul>
    10. 10. Cultural Communities Business Sectors Business Themes Geographical Locales <ul><li>Chinese </li></ul><ul><li>African Caribbean </li></ul><ul><li>Latin American </li></ul><ul><li>Bangladeshi </li></ul><ul><li>Vietnamese </li></ul><ul><li>Creative Industry </li></ul><ul><li>Hair & Beauty </li></ul><ul><li>Carnivals, festivals, </li></ul><ul><li>Mela’s </li></ul><ul><li>Procurement </li></ul><ul><li>Supply Chain Access </li></ul><ul><li>International Trade </li></ul><ul><li>Research </li></ul><ul><li>UK </li></ul><ul><li>France </li></ul><ul><li>Netherlands </li></ul><ul><li>Italy </li></ul>FOCUS
    11. 11. The Minority Diaspora EQUAL project Achievements – Outputs and Outcomes <ul><li>450 Businesses Supported </li></ul><ul><li>30 Jobs Created </li></ul><ul><li>Tailored Business Support Models – Specific to the following sectors: </li></ul><ul><ul><li>Carnivals, Festivals, Mela’s </li></ul></ul><ul><ul><li>Creative Sector </li></ul></ul><ul><ul><li>3 significant pieces of research </li></ul></ul>
    12. 12. www.mbdi.org.uk