Fintech business lender MarketFinance has launched a Business Booster Fund that will make grants of £5,000 available to UK small businesses. The initiative forms part of the MarketFinance commitment to SMEs and giving back to the community. These grants are aimed at supporting passionate and driven UK-based entrepreneurs, giving them a kickstart as they head into 2021.
The Fund has been designed to push innovative entrepreneurs even further. Any business can apply in any sector, so long as it’s been trading for at least two years and is showing positive growth. It’s not necessary to be an existing customer of MarketFinance to be eligible for the grant. MarketFinance is looking for entrepreneurs that represent the community as a whole, and is keen to support those who value diversity, inclusion and giving back.
Business owners are encouraged to complete a short application form by 31st December 2020 to express their interest. In the first round, three businesses will be selected and announced on 6th January 2021. Timings of subsequent rounds will be confirmed in 2021.
MarketFinance is a business finance company with offices in London and Manchester. The online platform enables businesses to access a range of flexible finance solutions quickly and easily. Since 2011, MarketFinance has advanced over £3 billion to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth.
Anil Stocker, CEO of MarketFinance said: “I’m very excited to announce the launch of our first MarketFinance Business Booster fund. These grants represent a small boost that will help the successful businesses pivot, scale or grow in 2021. It’s been a difficult year for most, but we can’t forget that a lot of businesses were good, strong and viable in 2019
“We want to support the UK’s hardest working and most exciting SMEs. In addition to the grant, we will offer the time and skills of our expert staff to help their leadership teams. Whether they need tech, marketing, finance or communications support, we will provide the resources to help them get to where they want to go.”