The Economic Development of the Black community is a pressing priority for the 100 Black Men of London.

TUC figures for 2005 show that between 24-30% of Black households are living below the average income line, increasing to up to 46% when housing costs are weighted into the equation. The employment rate for Black and other minority communities has risen since 2002 by 1.4% and now stands at 59.3% when compared to the August 2005 data, but this still contrasts unfavourably with the White population, whose employment rate is almost 80%. There has been a resurgence of Black business ownership in recent times though. In London alone, there are over 10,000 Black owned private sector businesses.

With our determination to ensure self sufficiency within the black community, we also recognise the huge importance of stimulating and supporting economic development within the black community and of black businesses specifically.

Through our mentoring programmes we actively encourage our mentees to understand issues of financial management and our Education Through Film programme regularly focuses on great historical examples of positive economic development in black communities.

We rountinely deliver seminars on the principles of economic development so look out for our economic development day events.