Run in collaboration with Enterprise Nation and Be Inclusive Hospitality, the fund will award cash grants of £10,000 to 25 small black-owned businesses with at least half going to small businesses outside of London.
Black-owned restaurants with fewer than five locations can apply to the fund once applications open on Thursday (14 November).
“The Uber Eats Black Business Fund has become a lifeline that delivers much-needed funding and strategic support to underrepresented businesses in the hospitality sector,” says Emma Jones CBE, founder and CEO of Enterprise Nation.
“It's an industry that's been hit by a tsunami of extra costs recently, including energy, labour, and tax, which means it's hard to innovate.
“Targeted support like this fund is vital because it helps to boost that innovation, allowing the next generation of new and diverse businesses to be creative.”
Uber Eats launched the Black Business Fund in the UK in 2021, awarding ten £5,000 grants to restaurants nationwide.
In 2022 and 2023 it increased its support by five times to a total £250,000 grant pot.
To date, businesses have received a total of £550,000 of grants through the scheme.
“We are proud to launch the Black Business Fund for a fourth consecutive year, bringing our total contribution to Black-owned businesses to over three-quarters of a million pounds,” says Matthew Price, general manager at Uber Eats UK, Ireland and Northern Europe.
“Past grant recipients have used the funding for essential investments — whether upgrading equipment or expanding their teams and staff training.
“We're proud to continue empowering the next generation of Black entrepreneurs, helping their businesses thrive.”
For more information on the Uber Eats Black Business Fund and how to apply, click here.