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01823617980 a c c ount s @pr e pa r e dme di a . c o. uk www. pr epa r edmedi a . c o. uk 23r dS e pt e mbe r2016

NE WJ OBS I NSI DE !

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Somer set

Wi l t shi r e

Wi l t shi r e

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Somer set

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Devon

Swi ndon

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Devon

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Cor nwal l

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New Repor tSaysBr i t ai nShoul dSuppor tEnt r epr eneur i alMi gr ant s TheGov er nmentmus tbac kj obc r eat i ngmi gr antent r epr eneur st ohel pmak eas uc c es sofBr ex i t ,anewr epor t l aunc hedi nPar l i aments ugges t s .

Thes t udy ,c onduc t edbyt heI ns t i t ut eofDi r ec t or sand mi HUB,f oundt hatt her ewer epar t i c ul arc hal l engesf orent r epr eneur sf r om ov er s eas ,i nc l udi ngt hei rqual i f i c at i onsnot bei ngr ec ogni s ed,notbei ngabl et ot r ans f ert hei rc r edi thi s t or yt ot heUK,di f f i c ul t yi nac c es s i ngf i nanc eandl ac kofs uppor tnet wor k s .

Theaut hor sc l ai mt hataddr es s i ngt hes ei s s ueswoul dhel p mi gr ant l edbus i nes s est oc r eat eev enmor ej obsandboos t t heUKec onomy .

Ther epor t ,Mi gr antEnt r epr eneur s hi pi nt heUK:Thebenef i t st oBr i t ai n,bui l toni nt er v i ewsands ur v ey sunder t ak enby mi HUBandt heI oD,wasl aunc hedatanev enthos t edby Nei l Coy l eMP. Ther epor twasaut hor edbyRaf ael dosSant os ,aBr az i l i anbor nent r epr eneurwhohasc r eat edLondon’ sf i r s t c owor k i ngs pac es pec i f i c al l yf ormi gr antent r epr eneur s ,and AndySi l v es t er ,HeadofCampai gnsatt heI oD. Ther es ear c hf oundt hat : •Themaj or i t yoft hos ei nt er v i ewed-f or ei gnent r epr eneur s nowl eadi ngc ompani es-ei t herempl oynat i v ebor nwor k er s orar epl anni ngt odos oi nt henearf ut ur e.

Br i st ol

•Themaj or i t yc amet os t udyort owor ki nes t abl i s hedf i r ms .

Ther epor tar guest hatanypos t Br ex i tpol i c i esdes i gnedt or es t r i c torc ompl i c at ev i s aswoul dhav eadamagi ngl ongt er m ef f ec tont heUKec onomy .

•Des pi t et hes uc c es sof manymi gr antent r epr eneur s , pr es ent edi nas er i esofc as e s t udi esi nt her epor t ,t her e r emai ns i gni f i c antc hal l enges ar oundnet wor k s ,c ont ac t s , andk nowl edgeof Gov er nments uppor t ,wi t h manymi gr ant st ot heUKunawar eofof f i c i al s c hemesand adv i c eof t enus edbynat i v ebor nent r epr eneur s .

80mi gr antent r epr eneur swer eas k eds pec i f i c al l yaboutt he i s s uest heyf ac ed: •44% bel i ev et hatal ac kofc ont ac t sandnet wor k shol dst hem bac k .

•38% s ugges tt her ei sal ac kofk nowl edgeofGov er nmentand nonGov er nments c hemesdes i gnedt ohel ps t ar t upbus i nes s es ,and33% bel i ev eac c es s i ngf i nanc ei smor edi f f i c ul t .

•I npar t i c ul ar ,di f f i c ul t i est r ans f er r i ngc r edi thi s t or i esf r om abr oad,par t i c ul ar l yout s i det heEur opeanUni on,of t enmeans ent r epr eneur ss t r uggl et oac c es sf i nanc eorobt ai nc r edi tc ar ds t of undear l ys t agebus i nes s .

•Whi l emor et hanhal foft heI oD99,agr oupofbus i nes s f ounder spr edomi nant l ybor ni nt heUK,hav eus edgov er nment gr ant sorl oansi nt hepas tf i v ey ear s ,l es st hanonei nt enmi gr antent r epr eneur shav ebenef i t t edf r om t hos es c hemes .

I nadv anc eoft her epor t ,Raf ael dosSant os ,c oaut horoft he r epor tandf ounderoft hemi gr ant f r i endl yc owor k i ngs pac e mi HUB,s ai d,“ Thi sr epor tdemons t r at esc l ear l yt hev al ueof mi gr antent r epr eneur s hi pt ot heUKec onomy .Any bodywho s pendst i mei nt hes t ar t upec os y s t em i mmedi at el yr eal i s es t hatal l owi ngt hebr i ght es tandbes tt obui l dt hei rbus i nes s esi n Br i t ai nhasbeenahugebenef i tt ot heUK.Ther ei smuc ht hat Gov er nmentc ando,f r om wor k i ngwi t hc ommuni t ygr oupst o s i mpl i f y i ngt hev i s apr oc es s ,t oens ur et hatmi gr antent r epr eneur sc ont i nuet ot hr i v e. ” Si monWal k er ,Di r ec t orGener al oft heI oD,s ai d“ Foral l t he t al kofmi gr ant s‘ t ak i ngourj obs , ’ i t ’ smor el i k el yt hatt heywi l l be c r eat i ngt hem.Aswemov et owar dsourdepar t ur ef r om t heEur opeanUni onandr ewr i t eouri mmi gr at i onpol i c y ,ens ur i ngt hat wear es t i l l opent ot hos ewhowantt ogr owt hei rbus i nes s esi n t heUKwi l l beabs ol ut el yc r uc i al . ” Lor dYoungofGr af f ham,f or merSec r et ar yofSt at ef orTr ade andI ndus t r yandaut horoft heCoal i t i onGov er nment ’ sr epor t i nt os t ar t upent er pr i s e,wr i t esi nt her epor t ’ sf or ewor d,“ The v as tmaj or i t yoft hos ewhoar r i v eonours hor esc omeher e l ook i ngf ort heoppor t uni t yt obet t ert hems el v es ,t oenabl et hei r f ami l yt oenj oyadec entl i f eandmanyc andot hatbes tbys et t i ngupt hei rownbus i nes s .Ic ommendt hi sr epor tf ordemons t r at i nghowmuc hwes houl dwel c omet hos ei mmi gr ant s ,how muc hwes houl das s i s tt hem i nt hei rendeav our st owor kf or t hems el v esand,ul t i mat el y ,howmuc ht hei ref f or t swi l l benef i t t hewhol eec onomy . ” Rel eas ef r om mi hub

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