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SETsquared Bristol launches bursary to help entrepreneurs from 'diverse backgrounds'

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Written by: Hannah Baker | Posted 11 March 2019 16:21

SETsquared Bristol launches bursary to help entrepreneurs from 'diverse backgrounds'

SETsquared Bristol has launched a new bursary that will support entrepreneurs from diverse backgrounds in accessing business support.

The scheme follows a report carried out by SETsquared in 2018 that revealed there is a lack of black, Asian and minority ethnic (BAME) representation in Bristol's tech industry.

Three 'Breakthrough Bursary' places are on offer for up to one year, covering 75 per cent of SETsquared Bristol’s Residential Start-up Membership.

Members will receive strategic advice and coaching, investment training, mentoring, access to events and a fixed desk in a shared office at the Bristol centre.

Sado Jirde, director of the Black South West Network, said: “There is a long way to go before we achieve a fully equitable economic and social context for BAME communities in Bristol.

Read more: Women in Property Association appoints new South West chair

“However, this bursary marks a step-change in the way the problem is engaged with by key players in enterprise incubation and development here.

Monika Radclyffe, SETsquared Bristol Centre Director, added: “We are committed to supporting tech businesses from all backgrounds and communities, in order for our region to thrive economically.

"Last year, the number of female founders in the incubator has increased by 333 per cent, and we hope to see similar growth in ethnic diversity.”

SETsquared Bristol has been working to implement further recommendations from the research report, including a marketing audit, running workshops in community venues to engage with wider audiences and implementing training for staff and business founders.

 

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