ISBE EVENT

Webinar on the Report on Access to Finance for Ethnic Minority Social Entrepreneurs in Scotland

  •  11th July 2024
     11:00 am - 12:30 pm

Webinar on the Report on Access to Finance for Ethnic Minority Social Entrepreneurs in Scotland

The Ethnic Minority Special Interest Group, in partnership with Dechomai LTD, is delighted to invite you to an engaging webinar on the 11th of July. The webinar aims to share key insights from the newly launched report titled ‘Access to Finance for Ethnic Minority Social Entrepreneurs in Scotland,’ proudly supported by Scottish Enterprise and the Scottish Government Ecosystem Fund 2023-24.

This report reveals that many ethnic minority social entrepreneurs face unique challenges in securing financial support for their ventures. Factors such as wealth inequality, familial responsibilities, and limited access to networks and information significantly contribute to these challenges, setting them apart from their counterparts in the social entrepreneurship field. Addressing these issues is crucial for creating a level playing field and enabling all social entrepreneurs to thrive.

Access to Finance for Ethnic Minority Social Entrepreneurs in Scotland

The Access to Finance Report 2024 critically examines various issues limiting access to finance for social entrepreneurs in Scotland. The primary objective of the study was to investigate the understanding, perception, and availability of financial support, particularly social investment, for Scottish ethnic minority social entrepreneurs. The research was conducted by Dechomai in collaboration with Social Investment Scotland (SIS) and Firstport from October 2023 to February 2024. The Scottish Government and the Scottish Enterprise 2023/24 Ecosystem Fund provided crucial support for this initiative. The research aimed to identify any existing gaps within the current support system for this specific group. The recommendations outlined in this report present a timely framework for addressing these gaps, towards creating an inclusive and equitable social investment environment.

Objectives

The primary objective of this webinar is to inform participants about the key findings and insights from the Access to Finance Report 2024. This event serves as a platform to disseminate these findings and gather feedback and suggestions for areas of future exploration in upcoming reports. The webinar is specifically tailored for academics and policymakers, as they play a crucial role in shaping current and future societal landscapes. Also, universities, through their faculty members, can significantly contribute to this dialogue and the ongoing development of future report themes. We encourage academics, policymakers, and other stakeholders to join this webinar to discuss these findings, provide feedback, and explore strategies for overcoming many of these barriers.

Guiding Questions for Discussion

  • What are the most significant barriers identified in the report that limit access to finance for ethnic minority social entrepreneurs in Scotland?
  • How do Scottish ethnic minority social entrepreneurs perceive the availability and accessibility of financial support, particularly social investment?
  • What gaps exist within the current financial support system for ethnic minority social entrepreneurs in Scotland?
  • What are the key recommendations outlined in the report to address the gaps in financial support?

Format

This webinar will be conducted in English (without translation) online via MS Teams platform.  Participation is free and available to everyone who registers.

Registration

All participants are required to register here.

Programme

Date 11th of July

11:00am to 12:30pm

Time Time Content
11:00am 11:15am Opening Remarks

Dr Kingsley O Omeihe, Chair of Ethnic Minority Special Interest Group, ISBE

11:15am 11:35am Presentation

Access to Finance Report 2024

Bayile Adeoti , Founder Dechomai

11:35 11:50am Panel Discussion with Bayile Adeoti

Moderator Dr Kingsley Omeihe

11:50am 12:30pm Questions and Answers

 

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