SMALL AND medium-sized businesses, including those owned by people of ethnically diverse backgrounds, are the backbone of the economy.  

According to the government-appointed Commission on Race and Ethnic Disparities, there are over 250,000 minority-owned businesses in the UK that contribute £25 billion to the economy annually. Many of these businesses were disproportionately impacted by the Covid-19 pandemic.

As today we find ourselves returning to some form of normality, Fiserv has launched the Back2Business programme to strengthen small ethnically diverse businesses and enable them to resurface stronger and better equipped in a post-pandemic world. 

The programme offers businesses the opportunity to apply for £10,000 grants, which are administered by the Association for Enterprise Opportunity (AEO), a global organisation that provides support to 
underserved entrepreneurs and businesses.  

In addition to financial support, Fiserv can provide Back2Business programme participants with expertise and leading technology solutions such as the Clover® point-of-sale platform from Fiserv, and connections to community partners, at the request of the participants.

Successful applicants can put their funding into whatever their business needs, from updating premises and maintaining a safe working environment, to retaining staff and covering operational costs.

HOW TO APPLY

Applications for the Back2Business programme are now open. To be eligible, applicants must: 

• Be a business that is majority-owned by a person from a diverse ethnic background 

• Be located in the UK 

• Have a revenue under  £1,000,000 per annum 

• Have been in business  prior to January 2020 

• Have 15 or fewer employees

Apply for the Back2Business grant today. Visit:: aeoworks.org/fiservuk