CREME academics shortlisted for ESRC impact award
Professor Monder Ram and Professor Kiran Trehan, Centre for Research in Ethnic Minority Entrepreneurship (CREME), have been shortlisted for the Economic and Social Research Council (ESRC) Celebrating Impact Prize 2017. This accolade, specifically for the Outstanding Impact in Business and Enterprise award in the ESRC Celebrating Impact Prize 2017, is due to their work with the Enterprise and Diversity Alliance (EDA).
The EDA is the centrepiece of CREME's work in the community, a unique partnership between the Centre and a series of public and private sector businesses. Its aim is to enable diverse business people to overcome the challenges of the business world, such as accessing finance and engaging with business support agencies. Their partners have included banks, such as Barclays and NatWest, who provide bespoke financial support to hundreds of businesses.
However, the work of the EDA extends beyond this, with its influence spreading into policymaking. By working with Local Enterprise Partnerships (LEPs), Professors Ram and Trehan have changed the way that organisations interact with minority entrepreneurs and brought the issue to the forefront of debate. Their work has been featured in multiple reports, including the Burt report by the Department for Business, Innovation and Skills in 2015.
The Outstanding Impact in Business and Enterprise award is designed to recognise exceptional research in the field, with practical benefits to “direct benefit to an individual business, group of enterprises or a sector through innovation or direct change in practice or management structures, or through utilization of new skills and training activities.” This acknowledgment from the ESRC shows the valuable contribution to both research and experience that the EDA has given.
Professors Ram and Trehan said, “We’re delighted to have been shortlisted for our work on the Enterprise and Diversity Alliance (EDA). The EDA is the Centre for Research in Ethnic Minority Entrepreneurship’s flagship knowledge exchange initiative and it is combines the efforts of public and private sector organisations to realise our core mission: to make diversity and enterprise everyone’s business. The nomination recognises our ambition to ensure that research has an impact beyond the academic community.”
Find out more about the work of CREME on our website.
You can read the full shortlist of ESRC Impact Awards nominees online here.
Professor Monder Ram OBE is Professor of Small Business and Director of Centre for Research in Ethnic Minority Entrepreneurship (CREME) and Co-Director of the Enterprise and Diversity Alliance (EDA) at Birmingham Business School.
Professor Kiran Trehan is Professor of Leadership and Enterprise Development and Co-Director of The Enterprise and Diversity Alliance (EDA) at Birmingham Business School.
Information on all ESRC Celebrating Impact Prize 2017 categories is available here.