Urban Generation Trust

Urban Generation Trust logo

Working towards a world of financial and opportunity equity

Objectives

Education

Deliver programmes that improve financial literacy for those under-served communities.

Entrepreneurship

Provide mentoring to develop enterprise and career progression; by delivering a programme of business skills, personal development and wellbeing support.

Research

Evaluating the impact of these programmes and activities with the aim of influencing government policy.

Education

Social innovation is at the heart of our deliverables. If we can relate, we can communicate, and if we can communicate, we can educate.  

Education and access to it, is a strong priority. It’s key, as education can shift the career focus and ambitions of many people who don’t think they can achieve career greatness.

By:

  • Delivering creative ways of providing financial literacy to children and adults. 
  • Creating information & activities that encourage & support people from under-served communities to effectively provide security for their future.
  • Enabling people to create a financial legacy for future generations.

Entrepreneurship

Billions of pounds are pumped into new start-ups every year driven by industry thirsty for new products and services which will either save companies millions or make them millions.

Unfortunately, this gateway needs widening for under-served communities who just don’t get access. What we are striving for here, is inclusion and representation.

We will:

  • Develop partnerships to sponsor work experience opportunities in creatives, SMEs and Corporates.
  • Provide mentoring, training and support for entrepreneurs. 
  • Promote entrepreneurship, as a way towards financial freedom and improved confidence.

Research

We will be researching the disparities between ethnicity and wealth, by utilising existing academic and government research and data and working with leaders in the field.

By researching barriers to generational wealth, we can identify the impact of interventions and explore the solutions to make real and sustainable change.

We aim to collaborate with some of the worlds smartest social policy and community leaders to develop the research, test theories and apply learning.

Evidence of Need

A young boy with tears rolling down his face

Poverty

Across London, 37% of children are living in poverty. There are more foodbanks than McDonalds, across the UK. In 2020, families receiving emergency food increased by 107%. Poverty impacts mental health & wellbeing, lifespan, educational achievement & social mobility.

Inequality

10% of people living in London own 50% of the wealth. They are 295 times richer than the bottom 10%. The divide is getting wider.

A photo of a woman speaking into a microphone at a protest
A collective of hand coming together like a pep talk

Diversity

 10 London boroughs have the average of 46.5% children living in poverty. However, for Afro-Caribbean or Bangladeshi communities in the same boroughs, this increases to 62.09%.

A young boy with tears rolling down his face

Poverty

Across London, 37% of children are living in poverty. There are more foodbanks than McDonalds, across the UK. In 2020, families receiving emergency food increased by 107%. Poverty impacts mental health & wellbeing, lifespan, educational achievement & social mobility.

A photo of a woman speaking into a microphone at a protest

Inequality

10% of people living in London own 50% of the wealth. They are 295 times richer than the bottom 10%. The divide is getting wider.

A collective of hand coming together like a pep talk

Diversity

 10 London boroughs have the average of 46.5% children living in poverty. However, for Afro-Caribbean or Bangladeshi communities in the same boroughs, this increases to 62.09%.