Supporting refugee entrepreneurs and small businesses
© UNHCR/David Azia
Refugees are known to be exceptionally entrepreneurial, thanks to their resilience, drive and strong work ethic. Companies can support refugee entrepreneurs and small businesses by providing loans, offering training programs or incubators, and facilitating their access to market. The benefits of supporting refugee entrepreneurs go beyond one individual – as refugee-owned businesses grow, they also create new jobs and help grow the economy.
Ben & Jerry’s helps refugee entrepreneurs start new businesses by providing entrepreneurship training, mentoring, and part-time employment. Its Ice Academy has supported more than 175 entrepreneurs in France, the Netherlands, Germany, and the UK.
Through the BBVA Microfinance Foundation and subsidiary Bancamia, BBVA has provided financial products and services to 4,500 Venezuelan refugee entrepreneurs to help them grow their small businesses in Colombia.
DoorDash has supported 800+ refugee- and migrant-owned food businesses in the U.S. and Canada through its Kitchens Without Borders program, by providing them with marketing support and capacity-building resources.