Pat Passley – Founder & CEO 2007 marks 200 years since the abolition of transatlantic slavery by the UK Parliament. Since then, Black people in Britain have made loads of progress but in the eyes of many, still have a long way to go to fulfill their real potential in terms of business success. Black & Minority Ethnic people in the UK represent a significant cultural consumer force with a combined disposable income of approximately £32 billion, according to research by the Institute of Practitioners in Advertising – source Blacknet.co.uk

What a boost it would be to the BME community if even a quarter of this consumer spend was spent in the BME community each year. We at blackpoundonline.com. in partnership with our sister Company g.a.p (growing aspiring people) CIC (Community Interest Company) & in support of Equanomics UK’s agenda believe that the time for talking about the mere potential for the Black Pound is over.g.a.p and blackpoundonline.com believes in highlighting the success of black businesses, entrepreneurs and Professionals in the UK. In June 2007, Tim Campbell – Winner of the Apprentice, Wilfred-Emmanuel Jones – The Black Farmer, Levi Roots – Winner of Dragons Den, Reggae Reggae Sauce and Alexander Amosu - Ring tone Millionaire, revealed the secrets of their business success. We plan to Continue promoting such events to increase the confidence of black consumers in the reliability and efficiency of BME business people and professions in the UK. By promoting such events we hope that BME consumers will be encouraged to help and uplift their own community thus enabling some of the more negative aspects of the BME community portrayed by the media to be displaced by positive success stores and showcasing positive BME role models for our burgeoning business community and
BME youth. I propose the following action:

Blackpoundonline.com Methodology
Step 1 – Demonstrate the ability and means to help ourselves by working together and supporting each other.
Step 2 – Create a means to educate others and draw the community including our youth, religious groups and the business world together.
Step 3 – Create programmes and promote events that empower and enrich our business community
Step 4 – Increasingly highlight and showcase our success stories, particularly in relation to our Champions and Leaders in Business
Step 5 – To work with big corporations and help them to give something back to the community.