Business Launchpad and Impetus
The need: Our research shows that young people from disadvantaged backgrounds are twice as likely as their better-off peers to be out of education, employment, or training (NEET). Young people from ethnic minority backgrounds also face unique challenges, with 71% experiencing workplace discrimination according to Youth Futures Foundation research.
Our portfolio partner: Business Launchpad is an enterprise charity which aims to help young people into employment or self-employment through 1:1 coaching and targeted programmes that include interactive workshops, business incubation, and hands-on training in local workplaces. Based in Tooting, 85% of the young people on their programmes are from the global majority*, and many are NEET.
Our impact: Impetus will work alongside Business Launchpad to further develop their programme offer, understand their impact on their South London communities, and leverage that impact through fundraising.
This funding will enable Business Launchpad to strengthen our employability support for young people and deepen our impact, empowering more young entrepreneurs to overcome barriers and achieve their ambitions. This partnership with Impetus aligns perfectly with our mission to empower young people to realise their potential and build sustainable futures. Together, we are paving the way for impactful change.
Felicia Mattis-Rome, CEO, Business Launchpad
*A note on language: Business Launchpad uses the term 'global majority' to refer to individuals who come from Black, Asian, mixed, or other ethnic backgrounds often referred to as ‘ethnic minorities’, who together comprise about 80% of the world’s population. ‘Global majority’ is often used in place of other terms including BAME (Black, Asian, and Minority Ethnic), BIPOC (Black, Indigenous, and People of Colour), and ethnic minorities.
