The Centres for Personal Financial Wellbeing (CPFW) and Research in Ethnic Minority Entrepreneurship (CREME) at Aston University, the Centre for Business in Society (CBiS) at Coventry University, and Citizen’s UK, have formed a consortium to better understand and build the financial resilience of ethnic minority-led small businesses.
This project brings together a unique mix of researchers and practitioners with expertise and track record in exploring small business ownership and financial resilience, and developing practical solutions to make a difference.
The project aims to better understand the challenges that business founders from minority ethnic backgrounds face when they start and then maintain their ventures.
Using this insight, a suite of interventions with be developed and piloted, focussing on how best to minimise risk to personal and family financial resilience when starting and growing new businesses.