In the wake of the death of George Floyd, individuals and organisations around the world are reflecting on their role in reducing structural inequality for black people and Plus X is no exception.
Our mission is to support the growth of ambitious businesses so that cities, towns and communities can thrive. Inclusivity is at the heart of what we do. In the world of entrepreneurship and innovation, however, some of the statistics are not encouraging:
Samuel Kasumu shared in his foreword to the most recent Inclusive Tech Alliance Report, “Black, Asian and Ethnic Minority (BAME) people make up just 8.5% of senior leaders”. An article written by former Wayra UK MD, Gary Stewart, earlier this month shared that “black founders only get 0.5% of VC funding in the UK.”
At Plus X, we are proud that over 60% of our team are women (with many in leadership roles) and over the past 5 years, our CRL Accelerator programme has attracted a wide community of entrepreneurs from a diverse range of backgrounds.
But we try not to ask ‘how well are we doing?’ instead we ask ‘can we do better?” because quite simply, the answer is always yes.
We’re now working hard as a team to identify ways we can further improve inclusion and diversity for black, asian and minority ethnic entrepreneurs and innovators. We’ve been compiling actions that we can take immediately and discussing ideas that we are working towards in the longer term.
Already in action:
+ Inclusivity statements will now be included on all of our job descriptions and eligibility criteria for our business support programmes
+ Posting our opportunities on black jobs boards and actively seeking BAME digital communities where we can communicate our opportunities and programmes
+ Our most recent internal newsletter, The Plus X Post, was dedicated entirely to BLM resources to find out more about racial inequality
+ We have brought a selection of fiction by BAME authors to include in our library at Plus X Brighton
We continue to learn and improve wherever necessary to end the inequalities faced by the black community. We are open to all suggestions and encourage you to approach us with any ideas for partnerships and collaborations that might help us better achieve this shared goal.
If you would like to collaborate or make a suggestion, please email Chloe – [email protected]