£10,000 Interest free
Business Development Loan
2024
Black Business Recommendation invites Black Owned Businesses to apply for this Fantastic Business Development Award. The aim is to identify Black Owned Businesses and potential investors to support the development of these businesses and the economic growth of the black Business community.
Applications Now Closed for 2024
Why is BBR awarding one Business with £10,000?
Black Business Recommendation recognise the difficulties faced by Black Business Owners with great potential but lack the financial backing to develop their products and or services. Recognising that this is a key area of need, Black Business Recommendation have placed our marker of intent to highlight and support excellence in our community. We aim to encourage investors to invest in the Black business community to raise aspiration, belief, economic empowerment, and visibility to create true diversity in business.
How it Works
A team of experts from our community will read your uploaded business plan to identify those with the best plan to go forward to the next set of rounds until there are three finalists.
The winner possibly will be assigned a business mentor for an agreed period to support their business development, growth and visibility of the business.
Applications Now Closed for 2024
How to Enter
- Complete the online form.
- Upload your business plan.
- £20.00 administration fee.
Entry Criteria
- Black African/Caribbean
- A UK resident
- 16yrs and over
- In business for a minimum of 12 months.