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(20 August 2008)
A
report published today identifies ways to encourage
Asian women to start social enterprises. Social
enterprise, a form of business with primarily
social or environmental objectives, can be a useful
tool to alleviate poverty amongst those marginalised
in society. The Government recognises that increasing
numbers of Asian, particularly Pakistani and Bangladeshi
women, who are under represented in the workplace,
can become more economically independent by setting
up such businesses.
There are at least 55,000
social enterprises in the UK which contribute
£8.4 billion pounds to the UK economy, but
evidence suggests that BAME women are underrepresented
as social enterprise owners. The report, entitled
'Social Enterprise: Making it Work for Black,
Asian and Minority Ethnic Women identifies new
ways to progress forward in encouraging and supporting
BAME women into starting social enterprises.
These include:
- Creating resources to
signpost women to key sources of advice and
funding;
- Developing a bank of case
studies of BAME women social entrepreneurs;
- Identifying ways to disseminate
information on social enterprises to BAME women;
- Considering how women's
centres and children's centres could provide
a space for BAME women together to share their
experiences and create their own networks; and
- Conducting further research
into the needs of BAME women wanting to set
up social enterprises to build a better picture
across the country.
The main barriers to Asian
women entering social enterprise were identified
in the report as:
- Low awareness of social
enterprise among BAME women;
- Limits on time and family
obligations;
- Securing finance ' for
example knowledge gaps in identifying potential
funding sources or how to apply for and secure
funding;
- Lack of knowledge of business
development and finance and expertise about
marketing goods and services;
- Low Confidence and Motivation;
and
- Multiple disadvantage
- cultural stereotyping within and outside communities
which holds back their participation in business
and wider society.
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