EMBG(UK) was set up to run a business network in London. It has been asked to work with Hindu Council UK (HCUK) to support the Indian business in London, but it will actively seek members from all business communities and faiths and will collaborate with other networks.
The background to this is that the 2001 census showed that over 54% of the Hindus and 43% of the Indians (who are mainly Hindus) in the UK live in London and therefore there is a need and an opportunity to help these businesses. The Hindu Council UK (HCUK) has been looking at ways to support the Indian business community with an emphasis on the small and medium sized enterprises (SME’s). In this regard the HCUK approached EMBG to help run its business network as part of their activities.
Although EMBG is based in Watford, Hertfordshire and has members covering all communities and faiths with approximately a third of their members being based in London. EMBG also has a large number of contacts with other London based business networks covering all communities and are actively seeking strategic partnerships with these networks so that we can work together in areas of common interest, thereby maximising the use of resources. EMBG have recently incorporated a new not for profit organisation EMBG(UK) which is based in London and runs networks for London Hindu businesses as well as actively encouraging participation from all sections of the community. The objective of EMBG(UK) is to promote, advance and coordinate the interests of the business community in their trade, business or professional activities. There is a special emphasis on the interests of the ethnic minority business community and promoting their integration into the mainstream. The Hindu community is inclusive and welcomes and encourages inter faith and inter community dialogue and cooperation and therefore EMBG (UK) makes a natural partner.
In order to make the engagement with the business community effective and relevant to minority entrepreneurs it is proposed that research is carried out in order to determine the various barriers that ethnic minorities face, both in establishing and running businesses. He we wants the relative performance of different groups analysed to identify success factors and look for ways of sharing the successes as best practice from one group to another. This would also identify the best ways to help these businesses to use available resources to become more profitable and integrate into the mainstream. Funding for running and expanding the London network is current being sought.