Ulster Bank has partnered with four organisations to support investment opportunities for entrepreneurs across Northern Ireland.
Belfast Multicultural Association; LEDCOM and The Simple Series; Awaken Hub and Enterprise North West, have each been awarded £15,000 through Ulster Bank’s Enterprise Fund to support projects aimed at promoting and encouraging entrepreneurship.
As part of Ulster Bank’s purpose-led strategy to support enterprise funding, the new partnerships also align with the bank’s commitment to increasing representation for females and ethnic minorities within the field of entrepreneurship in Northern Ireland.
Each of the four successful organisations will put this grant money towards delivering fully-funded programmes for new, underrepresented entrepreneurs.
Established in 2019, the Ulster Bank Enterprise Fund came as a direct result of the Rose Review which found that access to finance was the number one barrier recognised by female entrepreneurs and those from ethnic minorities, with only 6% of all-female teams receiving funds.
John Ferris, Regional Ecosystem Manager with Ulster Bank said: “Since the publication of the Rose Review, Ulster Bank has made a clear commitment to levelling the playing field so that anyone who wants to become an entrepreneur can have these ambitions realised, regardless of their gender, ethnicity or location.”
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