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You are here: Home / Grant / Black Business Fund in the United Kingdom

Black Business Fund in the United Kingdom

Deadline: 15 November 2023

Apply now for your chance to win £10,000 and support to give your restaurant business a valuable boost.

What is the Black Business Fund?

  • With costs rising, many food and drink businesses are under pressure, and Black-owned businesses face particular challenges.
  • NatWest has highlighted the significant barriers Black-owned businesses encounter when trying to access finance. Be Inclusive Hospitality has found that Black workers are most likely to highlight ethnicity as a factor in hindering their career progression.

Who is the support for?

  • The Black Business Fund will distribute £250,000 to Black-owned restaurants that need extra financial support. Twenty-five restaurants will each receive £10,000 to help boost their businesses.
  • You can benefit from the following:
    • Free membership to Enterprise Nation so you can continue to access support for your business.
    • An invitation to join the Be Inclusive Hospitality community and be part of a fast-growing professional network for people of colour within the hospitality and food and drink sectors.
    • Access to an exclusive e-learning course to help you navigate the cost of living crisis, build a more sustainable venture and, ultimately, grow.
    • The course covers everything from making sales and accessing finance to creating a brand and building a motivated team.

Who can apply?

  • To be eligible for the competition, a food business must:
    • be Black-owned
    • have been trading for at least 18 months
    • have fewer than five locations
  • It doesn’t matter if you’ve applied previously to the Black Business Fund, you can apply again in 2023.
  • You can spend the grant on professional services and/or equipment that will help your business grow.

For more information, visit Enterprise Nation.

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