It has been an extraordinary five years working alongside
@claudinereid1 MBE, (btw she got her MBE at a time when it was very hard for black people to get them, this alone shows the talent)
This journey began with a blank sheet of paper, a bold vision, and one powerful phone call. When Claudine said she was assembling a team to help move
@lloydsbankinggroup Race Action, to support Black entrepreneurship, and stimulate Black businesses across the UK, I knew I had to say yes.
This was never just another initiative. This was about legacy, equity justice, economic transformation, and building a stronger ecosystem for Black entrepreneurs.
The evidence is clear. Ethnic-led businesses contribute an estimated £74 billion to the UK economy every year and support nearly 3 million jobs. Yet Black entrepreneurs still face disproportionate barriers to finance, investment, networks, procurement, visibility, and institutional trust. Research has shown that only 0.24% of venture capital funding went to Black founders over a decade, and Black female founders received a fraction of that support.
So let us be clear, supporting Black business is not charity. It is a strategic economic imperative. Black entrepreneurs are not lacking ambition. They are not lacking innovation. They are not lacking excellence. What has too often been missing is equal access, fair investment, meaningful partnership, and the right structures of support.
That is why this work has mattered so deeply to me serving alongside Claudine.
“Claudine you have led with strength, wisdom, courage, conviction, excellence, and grace.” She has helped create space for honest conversations, practical solutions, and strategic action. She brought together senior leaders, entrepreneurs, businesses, and communities with one clear purpose, to help build a fairer, stronger, and more inclusive economy. This has been about more than 5 years of meetings, events, and conversations. It has been about laying strategic foundations that challenge systems. It has been about ensuring Black entrepreneurs are not simply invited into the room, but are heard, valued, funded, supported, and positioned to lead and grow! Thankyou Claudine