Deadline:
August 02, 2024
Location(s)
United Kingdom
Overview
To support, inspire and accelerate success among entrepreneurs from Black Heritage backgrounds, we are delighted to run the KPMG Black Entrepreneurs’ Awards for 2024, now in its fifth year.
We’re delighted that you’re taking the first step towards being crowned the next KPMG Black Entrepreneur in the UK.
Details
The Black Entrepreneurs' Award is being set up by KPMG, one of the ‘Big Four’ global auditing companies, in response to Government reports that show that talented black employees are increasingly choosing to become self-employed and found start-ups after experiencing barriers in the job market, only to find new difficulties in accessing the support that will make their businesses investment-ready.
Studies show that Black professionals often face barriers in progressing beyond middle management. This has subsequently led to the growth of Black-founded startups and a growing trend in self-employment.
The bespoke 12-month acceleration programme looks to address the issues faced by black entrepreneurs early on in their startup journey, due to lack of funding or support.
How does it work?
- Submit application - Tell us about your business through our online application
- Pitch - Finalists pitch their business to a panel of industry experts for judging.
- Ceremony - Finalists' pitches are reviewed against criteria and winners announced.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
This initiative is aimed at UK entrepreneurs from a Black Heritage background.
To be eligible for the competition, you must:
- Have a registered company in the UK
- At the minimum your company must have a viable product/service.
- Have been actively operating for at least 1 year (in the current form)
- Not be majority owned by a large corporate
What are we looking for?
- Disruption and innovation: How much of a game changer is the product or service. This category aims to score how revolutionary the company is in relation to what the market is doing.
- Market potential: What is the potential market size and scale of the product or service. This could be in relation to an existing market (and therefore taking market share) or in the creation of a new market segment.
- Quality of pitch: How well did the presenter communicate with the audience, tell their story and articulate their value proposition.
- Traction: How much traction has the company achieved. Where the product is not yet in market what testing (and feedback) has the business received.
Dates
Deadline: August 02, 2024
Cost/funding for participants
Finalists will receive an unrivalled platform to profile their business, including:
- Senior mentoring: paired with dedicated KPMG experts providing mentorship and coaching
- Promotion and publicity: promoted and celebrated through KPMG’s social channels, leveraging local and national channels.
- Expertise: series of workshops to drive growth, improve profitability and unlock value.
- Cash prize: The Winners will also receive £10,000 to invest in their business or as a donation to the charity or community project of their choice.
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
