The Entrepreneurial Refugee Investment Network (TERN) hosted a Christmas pop-up event in London alongside their first investor showcase on December 11th. The showcase resulted in almost $1M in pre-seed financing for 4 refugee entrepreneurs.

TERN’s mission is to enable refugees to thrive through the power of their own ideas, with the goal of launching 1,000 refugee-led businesses by 2025.

Watch the full BBC report below for more information on the event.