The Black Pounds Project (BPP) is a community interest company which provides business information and signposting assistance to culturally diverse entrepreneurs; and equips them with the necessary tools to start, build and scale a sustainable enterprise.
BPP offers a unique mentoring programme which supports business owners at any stage to identify and overcome any perceivable barriers to growth, such as access to financial services. Referencing the ‘Alone Together’ research report conducted by British Business Bank in 2020 and Lloyds Bank’s ‘Race Action Plan’, “1 in 5 ex black business owners closed their businesses due to a lack of finance” whilst “28% of black owned businesses reported making no profit”. BPP offers several solutions to this problem, through a flexible pre start-up course, online resources and monthly membership options for business owners to benefit from workshops, promotional offers, and discounted rates on affiliate products and services.
BPP has often been highly regarded as a “business community disruptor”, featuring at events hosted by Natwest, Lloyds, British Business Bank, Labour Business Relations and Finance & Leasing Association (FLA). Its social innovation has been widely recognised by national and regional radio and media outlets like: BBC WM, Free Radio, Switch, Solihull, Big City, the Birmingham Post and Mail, The Voice and Greater Birmingham Chamber.
Inspire positive working relationships.
Empower black business owners in establishing goals and following through on commitments.
Expand opportunities through raising awareness and access of the wealth of knowledge and resources freely available.