Karmaleon is thrilled to announce its official certification as an ethnic minority business (EMB) by MSDUK, the UK’s leading supplier diversity advocacy organization.
Why is this significant? Research from the Federation of Small Businesses (FSB) shows that ethnic minority businesses (EMBs) contributed a remarkable £25 billion to the UK economy in 2018—comparable to the economic contribution of Greater Manchester. Yet, many EMBs face barriers that impede their growth.
EMB owners are not only achieving substantial success but are also more likely to export than non-EMB owners. Therefore, creating opportunities for EMBs is essential for economic growth.
“MSDUK plays a vital role in fostering a more inclusive and diverse business environment, creating equal opportunities for all. I’m excited to collaborate with MSDUK and other EMBs to develop new opportunities both in the UK and internationally.
I highly recommend MSDUK to business owners aiming to expand and contribute to the success of EMBs in the UK, as well as to corporates seeking to diversify their supply chains.” said Vincent Iweka, Founder of Karmaleon.
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