Abstract: The realities of business and economic under-achievement among African-Caribbean businesspersons in the UK have been observed and documented by different observers including Academics, the Bank of England, High street and clearing Banks, suppliers of capital and other financial institutions. Many researchers and writers attribute this poor performance and underachievement to their ethnic backgrounds and traits. Some have gone as far as implying that they are devoid of business skills and lack virtually every attribute which facilitates enterprise in other ethnic groups. The purpose of this research was to investigate if African-Caribbean business people possess entrepreneurial qualities or not.
Keywords: Business development, Entrepreneurship attributes, Entrepreneurship Categorization, Ethnic groups, Banks, E-Factor model.