The Scottish National Investment Bank has partnered with Black Professionals Scotland (BPS) to support Black ethnic minority professionals across Scotland.
The Bank will work to provide greater professional opportunities for individuals within the Black community through its partnership with BPS, including an internship programme.
BPS, founded by Enoch Adeyemi, empowers Scotland-based Black ethnic minority professionals with skills and information to further their careers and supports school leavers and university graduates.
Kay Smith, Executive Director – People and Culture said:
“We are proud to partner with Black Professionals Scotland, an organisation aimed at supporting Black ethnic minorities and creating more opportunities for careers development.
Addressing inequality and improving access to quality jobs is key both to the Bank’s missions and its mandate to further equality, diversity and inclusion in the Scottish economy.’’
BPS founder and Chief Executive Officer Enoch Adeyemi said:
"We are pleased to partner with the Bank as they embark on their journey of being an agent for change and we believe this partnership will be beneficial to the growing Black individuals and families who are choosing to make Scotland their home."
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Notes to editors
The Scottish National Investment Bank is Scotland’s first development investment bank, wholly owned by the Scottish Ministers on behalf of the people of Scotland. The Bank is an impact investor, focussed on delivering both commercial returns and mission impacts with its investments. The Bank is a PLC and operationally independent from government.
The Bank invests in business and projects connected to Scotland to deliver long term, patient debt or equity investment where the private market is failing to provide the support businesses and projects require to grow.
The Bank’s missions are:
- Supporting Scotland’s transition to net zero
- Building communities and promoting equality
- Harnessing innovation to enable our people to flourish
The Scottish Government has committed to capitalising the Bank with £2bn in its first 10 years. Over time as the Bank’s initial investments are repaid, the Bank will reinvest those funds in businesses and projects creating a perpetual investment fund to support the Scottish economy in the long term.
The Bank was established in November 2020.
Black Professionals Scotland (BPS) exists to:
- Empower Scotland-based black ethnic minority professionals with skills and information to be the best they can within their chosen careers
- Serve as a support structure for school leavers and university graduates looking to make their first step into the workplace
- Support organisations in meeting their inclusion and diversity ambitions