PCU tells church leaders they should fuel business enterprise in black community

Shane Bowes, CEO of the Pentecostal Credit Union (PCU), the second largest credit unions in the country, challenged church leaders to encourage entrepreneurship within their congregations at Solomon’s Room, a special event held at The Royal Society, central London recently.

He told the 100+ people present, “Churches are uniquely placed to play a key role in the arousal and nurturing of entrepreneurial appetite and in the creation of the conditions that favour and enable growth of business ownership.”

Church leaders, community influencers and Christian business owners were present as Shane also advised leaders to ‘educate, support, nurture and encourage’ business entrepreneurship within their congregations by hosting seminars, making links with Christian business networks, preach business inspired sermons and provide spiritual support for entrepreneurs.

Solomon’s Room, was an event specially convened by the PCU to (i) give students on their Business Development Course an opportunity to make pitches for mentoring support to millionaire business owners (ii) encourage church leaders to support business enterprise and (iii) to launch PCU into the space of supporting and promoting entrepreneurship in the Pentecostal faith community.

The audience heard Pentecostal minister, Bishop Wayne Malcolm share that it’s ‘moral, right and spiritual’ for church leaders to support to support entrepreneurship within their congregations. He said, “In your church you get more of what you celebrate. If you celebrate the entrepreneurs and describe their activities as noble, as moral and right you develop a culture in which entrepreneurship is normal and valued.”

His talk was followed by pitches. Four business owners, Michael Petrie of Cloudstream, Antonia Burrell of Antonia Burrell Holistic Skincare, Reggie Cole of Buy2 Let Cars and Patrick Reid of PJs Community Services listened as the Business Development students Tanya Aquaah, Freddie Brown, Glynis Brewster-Nathan, Andrew and Shireen Morrison and Sascha Layne made pitches. All of the students won promises of mentoring and business development support.

Keynote speaker Businessman Levi Roots gave an inspiring talk, infused with humour where he shared his path to business success. It was a chance meeting with a BBC Producer at a World Food fair, that led to him appearing on Dragon’s Den where he won the financial support and business mentorship that he had prayed for over the years to help him take Reggae Reggae sauce across the nation. Levi Roots speech received a standing ovation.

The audience heard about the PCU’s plans for the forthcoming months which will see them introduce a number of financial technology initiatives designed to upscale the product offering, improving services to the whole membership and providing particular benefits to business owner members. This will include:

  • The launch of a PCU MasterCard which can be used at 15 million outlets in the UK and abroad
  • A new interactive website so that PCU members can manage their accounts online
  • Transaction banking facilities to enable PCU members to make and receive payments to and from third parties.
  • A mobile app

Shane Bowes is excited by what the future holds for black business owners and budding entrepreneurs within the Christian community. “It was refreshing to see so many church leaders and Christian influencers attend Solomon’s Room. The feedback has been positive and people have expressed a desire to see the black Christian community become entrepreneurial.

The PCU is keen to support the Pentecostal Christian community as it takes bolder steps towards entrepreneurship and will ensure that its services meet the needs of the growing business community within the church. “

For more info on the Pentecostal Credit Union and Solomon’s Room visit www.pcuuk.com

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