Moving out of shadow economy ...
Entrepreneurship is increasingly recognised as a possible way for ethnic minority groups to overcome social exclusion and to gain a foothold in the labour market. Becoming self-employed can serve as an alternative to participation in the shadow economy, but in reality many immigrant entrepreneurs due to social, cultural and economic barriers in the formal economic sector, are funnelled into the informal economy. Once enmeshed in the shadow economy, becoming a successful entrepreneur is not easy. It means a double set of barriers for many ethnic minority groups, who are already experiencing social exclusion and prejudice and who also lack formal qualiﬁcations, training and capital. To ensure a greater rate of success among disadvantaged and socially excluded minorities, a more inclusive approach is needed to stimulate entrepreneurship and provide entrepreneurship support.
This publication treats the growing problems of social exclusion experienced by ethnic minority groups participating in the informal economy. It presents some examples of methods and tools aimed at supporting inclusive entrepreneurship among ethnic minorities and other social excluded groups. These methods and tools can ease their integration into formal economy and mainstream business life and society.
The publication is based mainly on cases and experiences from the Transnational EQUAL partnership ‘Building Entrepreneurship’ consisting of four national programmes, all working in the ﬁeld of inclusive entrepreneurship.