Companies owned by black entrepreneurs in Yorkshire face more barriers when it comes to accessing equity, investment and skills to scale their businesses than their white counterparts but the situation is slowly improving as networks build in the region, according to key advisers.
Leading businesswoman leads Lloyd’s Banking group’s work to support the Black business community
Lloyds Banking Group unveils Black Business Advisory Committee led by Claudine Reid MBE to help it better understand the needs of, and barriers faced by, the UK’s Black entrepreneurs and business owners.
News comes as it announces partnerships with Foundervine and the Black Business Network.
The advisory committee and partnerships are part of the Group’s commitment to ensuring the UK’s business landscape becomes fully accessible and inclusive of the Black community.
Claudine Reid MBE has today been announced as the chair of Lloyds Banking Group’s Black Business Advisory Committee, convened to help the Group better understand the needs of Black business owners and aspiring business owners.