£5000 from the Mayor for small businesses!
The Mayor is providing match-funding through his new Back To Business Fund – available through his successful Pay It Forward London crowdfunding platform – which aims to help small and independent businesses through these hugely challenging times. Applications for the new fund will open on Monday 10 August.
This new Fund will be targeted at businesses which are investing in measures to expand their operation online and to enable safe, socially-distant trading. It could be used for such things as new perspex screens, contactless payment technologies or access to training in digital marketing.
Businesses can begin their crowdfunding campaigns now in order to start raising money from the public and become eligible for the Mayor’s match-funding once they have reached 25 per cent of their target.
For more information and to register your interest before applications open on Monday August 10, see: https://payitforward.london.gov.uk/fund.