Research shows how 60% of new small businesses fail within the first year but in new figures KERB’s programmes have a 93% success rate. KERB’s free inKERBator programme supports early stage street food businesses.
Simon Mitchell, chief executive of KERB, said: “Our social enterprise, KERB+ was launched a little over twelve months ago and has enabled us to fully commit to delivering support to individuals and businesses through KERB’s unique ecosystem.
“This year KERB goes global. As we expand into Europe and the US, our goal is to replicate the impact we can have locally, and double down on our efforts. With the right partners and our team’s unfaltering desire to make a difference, the sky’s the limit.”
The Impact Report highlighted:
- KERB has seen 37 new graduates of their inKERBator programme in the past twelve months, many going on to ‘viral fame’.
- Over 1,850 hours of free one to one business and employment coaching have been delivered.
- More than 5,500 trading opportunities have been given to KERB’s membership of 150 independent businesses, generating over £23.5 million in revenue over the past 12 months.
- Almost £150,000 in start-up capital has been invested into 19 new food businesses.
- 49 brick and mortar sites now owned by successful KERB businesses.
The report demonstrates KERB’s mission to become a catalyst for positive change, addressing critical challenges and setting new standards for social impact in the sector. To date, over 500 food businesses have ‘thrived’ under KERB’s mentorship, including Bleecker Burger, Bao, Pizza Pilgrims, Club Mexicana and more.