The KPMGBlack Entrepreneurs’ Awards
KPMG: Supporting Black Heritage entrepreneurs in the UK.
Establishing a business is challenging, but these challenges are even more pronounced for some. Black-led businesses frequently face disproportionate underfunding, with investment into Black founders less than 1% in 2023 (Diversity Beyond Gender 2023, Extend Venturesopens in a new tab).
This significant racial disparity in venture capital (VC) funding hinders many from making the necessary investments to grow their businesses. Our Black Entrepreneurs’ Awards programme aims to provide talented black-heritage entrepreneurs with access to funding, publicity, business workshops and mentoring to create a community of likeminded business owners.
What is the Black Entrepreneurs’ Award?
BEA is a programme which celebrates Black Heritage entrepreneurs in the UK and provides a platform to market their businesses to a wider audience. Each year there are four winners who receive a cash prize of £25,000 each, and all of the finalists are enrolled onto a bespoke 12-month business acceleration programme, designed to support Black Heritage entrepreneurs and accelerate the growth of their start-ups.
Created in 2018, BEA has supported 48 black heritage founders to accelerate the growth of their business. Some of our previous finalists have gone on to raise over £3m; expanded their business overseas; been listed on the Forbes 30 under 30; and received MBEs for their services in making venture capital more inclusive.
How does it work?
Submit application
Tell us about your business through our online application here.
Pre-pitch
Finalists are invited to a pre-pitch workshop and are provided with valuable insights on how to prepare for the pitch night.
Pitch and Ceremony
Finalists will pitch their business to a panel of industry experts for judging. Pitches are reviewed against criteria and winners announced.
Submit here: The KPMG Black Entrepreneurs’ Awards are now open
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