Creative Access, the leading social enterprise in progressive career development and support, and McLaren Racing are today launching the Creative Access x McLaren Racing Career Development Bursary.
The Bursary is a new fund aimed at supporting talent from under-represented communities who aspire to work, or further their career, in the creative industries, but who are currently held back from doing so because of their financial status.
Creative Access surveyed more than 1,900 people working in, or looking to pursue, a career in the creative industries to examine how financial barriers impact career progression. The results demonstrate how crucial the bursary will be to enabling people from under-represented groups to access and progress in the sector. Key findings include:
• Just over three quarters (77%) have not applied for a job due to the associated high living or commuting costs
• Over a third (35%) have refused job offers because of financial obstacles
• 76% of 18 - 25 year olds and 79% of 26 - 35 year-olds have not applied for roles due to financial pressures and 69% of 18 - 25 year olds have not taken up a role
• The most common financial pressures impacting career progression are cited as unaffordable living, commuting and relocation costs
• 47% people surveyed say financial barriers have ‘greatly’ impacted their career progression – this increases to 61% for those from under-represented socio-economic backgrounds
• 80% of people who identified as having disabilities did not apply for a role and 59% did not take up a job offer because of financial barriers
• Financial status also prevented 82% of people from under-represented socio-economic backgrounds from applying for roles and 58% from taking up a job offer
The top 5 creative sectors where potential candidates did not apply for a role due to financial reasons are:
1. Film – 86%
2. Music – 86%
3. Theatre – 85%
4. TV - 82%
5. Museums & Galleries - 81%
The Bursary is the first initiative from the Creative Access and McLaren Racing partnership, which was formed in June this year under the McLaren Racing Engage alliance, which aims to diversify talent in motorsport.
The Bursary will fund training courses, software, equipment and relocation costs, as well as disability access support, care costs and bespoke coaching or mentoring.
The application window for the first round of bursaries will open on Wednesday 27 October and close on Wednesday 8 December. Applicants can apply for bursaries of £250, £500, £750 or £1000 by logging in to an existing Creative Access account or registering at creativeaccess.org.uk.
Josie Dobrin, CEO of Creative Access says:
“We’re disappointed - but not surprised - to see the confirmation of what we already knew to be true: financial barriers exclude those from under-represented communities from progressing in the creative industries. At Creative Access, we know how vital it is to break down these barriers, which is why we are proud to have launched this new bursary with our partners McLaren Racing to fund talent from under-represented communities as they springboard into their creative careers. After all, they are the future of the industry.”
Zak Brown, CEO, McLaren Racing, said:
“Here at McLaren Racing, we have a strong belief that everyone should have access to the same resources and opportunities within our industry, regardless of financial status or background.
“Driving an inclusive and diverse team is an ongoing and evolving process, and something we are committed to for the long-term. The bursary marks a significant first step in our plans for our workforce to be more representative of the population by 2030, and we are proud to take this step in our journey alongside Creative Access.”
“As part of our strategic alliance known as McLaren Racing Engage, and the F1 #WeRaceAsOne campaign, we are in a unique position where we can influence the wider motorsport industry to diversify talent at all levels and across all functions, while also working on our own culture of inclusion at McLaren Racing.
“Through McLaren Racing Engage and our partnership with Creative Access, we hope to inspire and encourage the next generation of creative talent within our sport and remove the barriers which would otherwise prevent them from utilising their skills and adding value to a racing team such as McLaren.”
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