The UK Trade and Investment body has acknowledged the need for the UK to tap into the diversity of minority owned business and exploit their connections with countries of origin such as India and China. The ongoing economic development of these countries provides the entrepreneurial talents of Indian and Chinese descendents in the UK with additional opportunities at non-conventional businesses between the respective countries. Some of this is already occurring but informally and with no real structure or coherent mass. We believe there are lessons to be learnt from minority owned businesses in other European countries and the connections they have with their countries of origin – Vietnamese, Turkish, Chinese, African and Caribbean. We want to collaborate with Business Networks working with these groups in such countries to assist in the the economic regeneration of inner-city areas.
This project will seek the exploitation of international connections across Diaspora groups to increase the number of minority ethnic people going into self-employment, accelerate the growth of these businesses and increase their chances of success. The programme aims to promote:
MBDI partners work with Black, Asian, and other ethnic groups.