Ethnic Minority Enterprise
The UK's ethnic and religious diversity makes it one of the world's most unique places. But who are we talking about, where are they and why are they important to a campaign that promotes having an idea and making it happen?
The ethnic minority population has grown by 53 % in the past decade, rising from 3.0 million in 1991 to 4.6 million today, it now represents 8% of the total population (9 per cent in England). Importantly, 50% of the growth in the working age population between 1999 and 2009 will come from ethnic minority groups.
This is a very diverse group of people who are from, Asian, African, Caribbean and lots of other backgrounds.
All ethnic minority groups have a much younger age structure: 20% of White people are under 16; for mixed race the equivalent figure is 50%
Almost two-thirds of ethnic minorities are concentrated in five areas, with nearly half living in London. They are more likely to be living in low-income households: 42% live in the 50 most deprived districts of England as compared to 22% of Whites. (Enterprising People, Enterprising Places 2005)
But throughout the UK there are more than a quarter of a million ethnic minority enterprises, and they are contributing around £13 billion a year to British economy (London Chamber of Commerce and Industry, ethnic minorities Information Centre Guide 2003)
This is why the campaign aims to ensure we are representative of young people from all communities. Last year Enterprise Week had a bigger and better selection of events with an ethnic minority focus.
So whatever your passion or interest from networking to engineering to practical start-up advice look through the next steps link to see what’s out there for you.