Unlocking Opportunity: the value of ethnic minority firms to UK economic activity and enterprise

Posted 21.08.2020

A thriving economy needs to engage with all communities regardless of ethnic heritage, race, religion or nationality to maximise its full growth potential. This report collated by Aston Business School brings together a number of key sources of new information and analysis on the health of the ethnic minority business population in the UK to support wider debate and policy formulation.

The report comprises three sections of data and analysis:

  • An overview of the latest estimates of the ethnic minority business numbers and their economic contribution;
  • An in-depth look at the contribution of people with an ethnic minority background to the UK’s enterprise activity;
  • New research on the contribution of ethnic owned businesses to exports, innovation and growth, all of which can help to solve the UK productivity puzzle.

While each section can be used on a standalone basis, it is hoped that by bringing these different areas of analysis together it will provide an important point of reference to assist wider debate on the role of ethnic minorities in UK commercial life from an economic and social perspective.

Key findings

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