Black Pound Day – celebrating our community
At the weekend Haringey became the first local authority to support new community-led initiative, Black Pound Day.
The movement – which launched on Saturday 27 June – seeks to uplift Black-owned enterprises and foster economic independence and empowerment in the Black community.
It encourages people to spend some money with a Black-owned business on that day, and in the future.
To mark the day, some of Haringey’s Cabinet Members visited Black-owned businesses in the borough and the council highlighted some of our borough’s fantastic Black entrepreneurs.
As the first council to back Black Pound Day in its very first year, the posts led to huge engagement and lots of feedback from a range of different views.
Cllr Joseph Ejiofor, Leader of Haringey Council, said:
Haringey has a strong history of fighting for equality, and I was really proud to see our council, and our borough, supporting the very first Black Pound Day. Black entrepreneurs face significant barriers in starting up businesses and keeping them profitable – Black Pound Day is one of many steps needed to address that.
We had some amazing feedback from our communities, as well as questions and plenty of differing views. We’re OK with all of that – but what is not OK is racism.
Some of the comments we received have no place here in Haringey – we’re a diverse borough who celebrate each other’s differences and help each other succeed. The comments that came out because we encouraged people to support Black businesses, show exactly how much work still needs to be done. We will not shy away from that here in Haringey.
With Black Lives Matter on everyone’s minds, we believe this needs to be a movement, not a moment. It is not just about keeping Black people alive – it is about improving the lives that Black people live.
Watch a short video from the day:
Note for iPhone users and Youtube. There is a known bug with iOS and Youtube, Two buttons are read before the player but provide no functionality. We advise that you skip these to access the content.
On 4 July Haringey is also marking Independents Day, as well as Business Women’s Day in September, Global Entrepreneurship Week in November and Small Business Saturday in December.
This year Haringey also launched its Business Pledge, aiming to create a safe environment for local businesses and their customers, recognising the unique character of our diverse high streets.
Our Opportunity Investment Fund launched in Tottenham and is now open to Wood Green-based businesses too, offering loans to small and medium sized enterprises that are seeking to grow, while the Haringey Entrepreneurship Development Scheme makes available business support, mentorship and advice to budding entrepreneurs.
Last year, Haringey agreed a Community Wealth Building approach, aiming to create an economy rooted in the community, with local business at its heart.
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