Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

KERB Hospitality Group Unveils 2024 Impact Report, Showcasing Success in Supporting Food Entrepreneurs

by May 22, 2024
May 22, 2024
KERB Hospitality Group Unveils 2024 Impact Report, Showcasing Success in Supporting Food Entrepreneurs

KERB, the pioneering London-based hospitality group known for nurturing successful food ventures like Pizza Pilgrims and Club Mexicana, has unveiled its 2024 Impact Report.

The report highlights the company’s impressive track record in supporting street food businesses and fostering entrepreneurial success.

KERB’s programmes have achieved a remarkable 93% success rate, a significant feat considering that 60% of new small businesses typically fail within their first year. Over the past twelve months, 37 new graduates from KERB’s free inKERBator programme have launched their businesses, with many achieving viral fame.

The company has provided over 1850 hours of free one-on-one business and employment coaching, helping entrepreneurs navigate the challenges of starting and running a food business. More than 5500 trading opportunities have been offered to KERB’s membership of 150 independent businesses, generating over £23.5 million in revenue in the past year. In addition, nearly £150,000 in start-up capital has been invested into 19 new food businesses, and 49 brick-and-mortar sites are now owned by successful KERB businesses.

Simon Mitchell, CEO of KERB, commented on the achievements, stating, “Our social enterprise, KERB+, launched just over twelve months ago, enabling us to deliver comprehensive 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 our local impact on a global scale, doubling down on our efforts with the right partners and our team’s unfaltering desire to make a difference.”

Founded in 2012 as a single pop-up market on a King’s Cross building site, KERB has since evolved into a vibrant community of over 150 dynamic street food businesses. It includes a flagship food hall (Seven Dials Market), an events business, and a dedicated social enterprise (KERB+). These initiatives are central to KERB’s mission to address critical challenges in the hospitality industry and set new standards for social impact.

The UK hospitality industry, valued at £49.4 billion and employing over 2.5 million people, faces significant challenges such as high business failure rates, youth unemployment, and barriers to entry for marginalized groups. KERB is committed to tackling these issues head-on through various initiatives, including free coaching, incubation, and acceleration programmes for small independent businesses and aspiring entrepreneurs. These programmes particularly support individuals facing barriers such as homelessness, youth unemployment, refugee status, and reintegration after incarceration.

KERB’s mentorship has helped over 500 food businesses thrive, with prestigious alumni including Bleecker Burger, Bao, Pizza Pilgrims, and Club Mexicana. As KERB expands its reach internationally, it aims to continue driving positive change in the hospitality sector, leveraging its successful model to support more entrepreneurs and create significant social and economic impacts.

Read more:
KERB Hospitality Group Unveils 2024 Impact Report, Showcasing Success in Supporting Food Entrepreneurs

0
FacebookTwitterGoogle +Pinterest
previous post
These Sectors are Showing Strength as S&P 500 Soars!
next post
Cazoo Collapses After $8 Billion Valuation Debacle

You may also like

James Dyson paid £1.2bn dividend in 2022 by...

October 13, 2023

13 Must-Have Tips for Crafting the Best Product...

August 24, 2023

Secrets of Success: Jamie Shaw, CEO, Shawton Energy

October 9, 2024

BMW brings electric Minis back to Oxford as...

March 9, 2023

Secondhand clothing sales set to be 10% of...

March 28, 2024

Oxfordshire breakthrough provides hope, in the global fight...

October 13, 2023

What to look out for in Kwarteng’s mini-budget

September 22, 2022

Banks face more than 100 class action lawsuits

January 9, 2023

Angling Direct’s sales dry up amid falling water...

August 19, 2022

Luxury cars ‘not immune’ as Bentley sees sales...

January 19, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • HMRC inheritance tax investigations surge 37% as treasury seeks to plug revenue gap

      June 9, 2025
    • Believ secures £300m to roll out 30,000 public EV charge points across the UK

      June 9, 2025
    • US and China hold London talks to ease trade war tensions

      June 9, 2025
    • British fathers urged to join landmark ‘dad strike’ over poor paternity leave

      June 9, 2025
    • IVF parents should have right to paid fertility leave, says GMB union

      June 9, 2025
    • Reform UK clashes with Bank of England over interest payments to lenders

      June 9, 2025

    Categories

    • Business (8,158)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved