Wray & Nephew Iaunches funding initiative to support UK Black businesses

Wray & Nephew, in partnership with Foundervine, has launched the third year of its Wray Forward programme. In collaboration with Foundervine, one of the largest and most active accelerator ecosystems in the UK, Wray Forward is an ambitious, free programme that supports Black founders across the UK by giving them access to mentorship opportunities, educational workshops and networking events. Research conducted by Wray & Nephew has found that almost seven in 10 (68%) Black entrepreneurs revealed there are not enough business tools and resources available to Black entrepreneurs, and three-quarters (76%) state they would have found business success much quicker if these tools had been accessible. Recognising the need for change, the Wray Forward initiative was launched in December 2021 to break down these barriers. Over the past two years, the Wray Forward programme has supported over 3,800 entrepreneurs, provided 48 hours of free learning and represented over 23 industries. All with an aim of creating a  system that encourages participants to come back to the programme each year, regardless of the stage of their business growth. In its third year, the Wray Forward programme is focusing on celebrating its community. By creating a supportive environment where Black founders can...