Simply Business has pinged us a reminder that its £25,000 Business Boost grant for 2021 – designed to help new entrepreneurs launch a small business or help existing UK SMEs bounce back from the challenges posed by the coronavirus pandemic has a September deadline.
Small businesses have a big, positive impact on society. Not only do they account for 99 per cent of all UK businesses and generate £2tn annually to the economy, they provide vital jobs and services within communities right across the UK.
The common barriers to starting a small business are finance, fear and knowledge. So to help overcome this people can apply to win £25,000 cash from Simply Business to help kick-start their business idea – a significant sum given the average UK start up spends £22,756 in their first year. Small business owners can submit their entries from today with the competition closing on 17 September. The winner will be selected by an expert panel before being announced in October.