Project information

First Steps In Social Enterprise for Black Women

Olmec’s First Steps in Social Enterprise business training programme will prime 30 female social entrepreneurs from Black and Minority Ethnic background to test trade and start up in business. The programme will reach 150 people comprising through a programme of business planning and mentoring

January 2017 - November 2017

Charity information: Olmec

Olmec logo
  • Need

    Need

    Among the minority and refugee communities we work with, are a large number of women interested in starting up social enterprises. But they experience significant barriers: poor access to capital, technical knowledge or useful personal contacts; higher refusals for bank loans and poor access to high quality culturally appropriate business advice. Olmec will provide culturally appropriate business support to female entrepreneurs who are almost ready to start up

    Solution

    OLMEC is the only organisation in London providing culturally focused social enterprise support directly targeting black and minority ethnic and refugee groups and supported by a strong, qualified multi-lingual team. Through existing programmes Olmec already has in place the systems, structures, syllabus, skills and partnerships necessary to deliver a high quality programme without spending excessive funds on additional overhead and development.

  • Aims

    Aim 1

    15 female entrepreneurs to attend an intensive 12 week business planning programme

    Activities

    » 50 people receive taster workshops at partner and stakeholder events
    » 15 BME women complete First Steps in Social Enterprise intensive 12 week programmecomplete First Steps in Social Enterprise intensive 12 week prog
    » 7 BME women test trade their enterprise

    Olmec uses diagnostic tools to evaluate on at the end of each session and at the end of the project, which works towards a business plan and test trading for each participant


  • Impact

    Impact

    Social enterprises provide a route to jobs and services for others living in the same disadvantaged communities, so the effect of our programme will be multiplied.Reports will also demonstrate our level of investment in and engagement through feedback showing individual personal development outcomes,
    as well as income generated through test trading.

    Risk

    We anticipate that not all those we recruit onto the programme will take the step into running social enterprise business because of the many challenges start up bring. We mitigate this through an interview and competitive selection process. However, should participants option for the employment option exposure to a business planning programme amongst peer with enhance career development and employability offering an insight into how organisation are managed, This skills development is measured

    Reporting

    We will submit an evaluation report at the end of the programme and make case studies available

  • Budget

    Budget - Project Cost: £35,000

    Loading graph....
      Amount Heading Description
      £3,000 Community wokshop events Holding taster workshops
      £6,000 Porgramme Launch Launch event featuring taster workshops
      £20,000 Intensive business planning 12 week First Steps in Social Enterprise Programme
      £6,000 Evaluation Programme mentoring and evaluation

    Current Funding / Pledges

    Source Amount
    Metropolitan £6,000 Guaranteed
  • Background

    Location

    Olmec will offer the programme to BME (Black and Minority Ethnic) women based in London

    Beneficiaries

    Olmec’s First Steps in Social Enterprise business training programme will prime 30 female social entrepreneurs from Black and Minority Ethnic backgrounds to test trade and start up in business

  • Why Us?

    Why Us?

    OLMEC is the only organisation in London providing culturally focused social enterprise support directly targeting black and minority ethnic and refugee groups and supported by a strong, qualified multi-lingual team. Through existing programmes Olmec already has in place the systems, structures, syllabus, skills and partnerships necessary to deliver a high quality programme

    Read more about the Charity running this project.

    People

    Sam Obeng

    Senior social enterprise consultant

    Nathan Brown

    Social Enterprise consultant

    Iwebunor Anyia

    Operations Director

“First Steps taught me what ‘fit for purpose’ really means”

Annetta Bennett, Impact Diversion