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
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
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.
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
What success will look like
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
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.
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
We will submit an evaluation report at the end of the programme and make case studies available
Budget - Project Cost: £35,000Loading 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
Olmec will offer the programme to BME (Black and Minority Ethnic) women based in London
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
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.
Senior social enterprise consultant
Social Enterprise consultant
“First Steps taught me what ‘fit for purpose’ really means”