Equality data on businesses given support grants by your Growth Hub

Questions to the Mayor of London – answered on 19th July 2020.

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Photo of Caroline Russell Caroline Russell Green

Could you share any equality data you hold on the owners of businesses who are applying for support through your Growth Hub?

Photo of Sadiq Khan Sadiq Khan Mayor of London

The Growth Hub does not currently provide support grants. However, it has supported businesses access government support schemes including the small business grants distributed by local authorities.

Of the businesses supported by through the London Growth Hub’s core business support programme since the start of the Pandemic (mid-March), 38% % were BAME owned businesses, of which 10% from Black African origins, 7% Black Caribbean, 5% Asian Indian and 5% other Asian. 38% of businesses indicated to have a majority female ownership in their business, compared to 33% male owned businesses. In terms of disability, 3% of businesses reported to have a disability in comparison with 65% who stated not to have a disability, and 30% who preferred not to say.

Our “Navigating the Crisis Webinar Series” supported 326 businesses, of which 30% described themselves from BAME background, the majority of whom were of Asian ethnicity. 44% were female and 6% of participants considered themselves to have a disability.

Our ‘Start Up Step Up London’ programme specifically aims to support BAME, women and disabled founders and employees. The programme provided support to 55 businesses since its starts in Dec 2019. 63.5% of these businesses were from BAME background, particularly from Black/African/ Caribbean origins; 63.6% were female, and 14.5% reported to have a disability or health condition.