1. Supporting diaspora entrepreneurship in wales
Franck Banza|Founder & CEO
Centre for African Entrepreneurship
#Entrepreneur #Business #Wales
#Innovation #DiasporaAfrica #Network #Startups
@banzaf1

2. 1 2 3 4 Content Opportunities for African Entrepreneurs
Potential of diaspora entrepreneurship 3
Barriers and challenges faced by African entrepreneurs 4
Entrepreneurship support for the African diaspora in Wales

3. Opportunities for African Entrepreneurs 3D
Opportunity structure in Wales (UK)
Strong third sector
Support available for Social Enterprises and community based businesses
Strong economy
High-quality and business-friendly
legal and regulatory environment.
Important
Extremely
important
Efficient networking
Efficient networking among service providers, policy makers and ethnic communities
Diaspora engagement policies
The Government have made the commitment to support diaspora businesses.
Untapped business potential
Opportunity to create more businesses. Large migrant population but still few number of African businesses in Wales
Favorable sociocultural perceptions of entrepreneurship
British Society open to innovation, attitudes, and business ideas.

4. Potential of diaspora entrepreneurship
Diaspora entrepreneurs as catalysts for market entry of innovations
Knowledge, and skills
success
Enormous potential for social transformation in both Wales and home countries
Possess unique perspectives and competencies
Efficient usage of various network resources in Wales and home countries
Potential is not fully realized because of?

5. Barriers and challenges faced by African entrepreneurs
Inability to access financing and start-up capital, Afro- Caribbeans are less likely to access external finance compared to other ethnic groups
Lack of relevant information and knowledge of the business environment.
Lack of knowledge about existing resources. No access to information
Lack of relationships and networking opportunities blocks African entrepreneurs from pursuing a business opportunity.
success

6. Entrepreneurship support for the African diaspora in Wales
CAE
Networking
Mentoring/Coaching
Training
Investment/Finance
Venture capital and partnerships

7. Secret to Success Committment Self-belief Hardwork
Part time in business
be afraid of failure
Please contact us if you have any questions about African Entrepreneurship:

8. Thank you