A businesswoman has launched a diversity scholarship to help young people from minority ethnic backgrounds become the next generation of business leaders.

Barrister and investment banker Miranda Brawn, of Hermon Hill, Wanstead, has launched the Miranda Brawn Diversity Leadership Scholarship, which aims to help tackle the ongoing diversity gap in the corporate sector.

She has teamed up with Black Cultural Archives, aims to preserve and celebrate the heritage of black people in Britain.

The scholarship will include up to £1,000 funding, one-to-one mentoring sessions with Miranda, CV clinics, and work experience opportunities.

The successful candidate will also get VIP access to Miranda’s annual diversity leadership lecture, which will be held during UK Black History Month later this year.

Miranda said: “I am from east London, and although I was lucky enough to have the right guidance to lead my through the early stages of my career, I know there are many young people from black, Asian and minority ethnic (BAME) backgrounds who lack that key support.

“This scholarship will shine a spotlight on the BAME talent pipeline among the next generation, and I will be ensuring that my old Trinity Catholic High School in Woodford Green have their relevant students apply.”

Candidates must be of a black, Asian and minority ethnic background, between 14-21 years old and in full time education. Applications will open next month.