A new £5,000 grant has been launched to help small businesses that are struggling because of the global pandemic.
The concept of the grant is to help them as they reopen and have to adapt their business models to get back to some kind of normality. Salesforce is offering a total of $1m (£920,000) in support to businesses across the UK.
The funding will be administered by Enterprise Nation through a detailed selection process. If your initial entry is shortlisted, you will then be invited to send in a video pitch with an introduction to your business; how your business has been affected by coronavirus; and how securing the grant will help your business, on what it will be spent and how it will positively impact the community.
Any small businesses with between 2-50 employees can apply for the scheme. They have asked to make businesses aware that the process will be staggered. Firms in Northern Ireland can apply between 18 May and midnight on 24 May and the rest will open as follows:
Midlands: 1-7 June
South of England: 15 -21 June
Scotland: 29 June – 5 July
Wales: 13-19 July
North of England: 27 July – 2 August
Any companies that apply for the grant will also have access to Enterprise Nation membership, including free half-hour consultations with experts in marketing, strategy and digital technology.
To be eligible, firms must:
Be registered at Companies House
Have been established for at least 12 months
Have not received any other cash grant during 2020 in relation to COVID-19 from any government
Be based in the UK with a British bank account
Have between 2 to 50 employees
Meet all other eligibility requirements as stated in the grant programme terms here
Emma Jones, founder of Enterprise Nation, said: “Taking on debt is not an option for every business, especially now. This grant will open up opportunities firms might otherwise not be able to afford, such as accessing support to help them pivot, learning how to access customers in new ways and increase skills.
“We’re seeing a growing appetite for businesses to up their digital game as well as adapt to the new ways of working that are emerging.”