MarketFinance presents small enterprise grants of £ 5,000 every
Originally written by Timothy Adler about small business
MarketFinance, the fintech company lender, offers £ 5,000 grants to help support small businesses.
Companies have until December 31st to apply for grants through the MarketFinance Business Booster Fund.
Three companies will be selected and announced on January 6th.
The timing of the subsequent rounds will be confirmed in 2021.
> See also: Treasury Department to Discuss COVID-19 Grant for Business Managers
Any company in any sector can apply as long as it has been trading for at least two years and has shown positive growth. It is not necessary to already be a MarketFinance customer to be eligible for the grant.
MarketFinance, with offices in London and Manchester, is particularly keen to support entrepreneurs who value diversity, inclusion and return.
Since 2011, MarketFinance has provided more than £ 3 billion to companies of various sizes and sectors, providing working capital and finance for everything from paying employees and suppliers to introducing new products or services to accelerating growth.
MarketFinance is backed by Barclays, Santander InnoVentures, the European venture capital fund Northzone (whose investments include Klarna, iZettle and Trustpilot) and the private equity group MCI Capital (also invested in iZettle, Azimo and Gett).
> See also: Liverpool is launching a £ 9.5 million grant fund for “excluded” self-employed
Anil Stocker, CEO of MarketFinance, said: “I am very pleased to announce the launch of our first MarketFinance Business Booster Fund. These grants represent a small boost that will help successful businesses spin, scale, or grow in 2021. It’s been a difficult year for most, but we can’t forget that many companies were good, strong and viable in 2019.
“We want to support the UK’s hardest working, most exciting SMEs. In addition to the scholarship, we offer the time and skills of our professionals to help their leadership teams. Whether you need technical, marketing, financial, or communications assistance, we’ll provide the resources to help you get where you want to go. “
150 UK Small Business Grants currently open for application
MarketFinance offers small business grants of £ 5,000 each