MarketFinance has awarded the first grants from its business booster fund.
The fund was launched last year to make grants of £5,000 available to UK small businesses.
The alternative business finance platform received more than 500 virtual pitches and the three winning entries came from ethical breastfeeding clothing brand The Bshirt, smart food labelling specialist BlakBear and independent children’s literacy charity The Economist Educational Foundation.
“We launched this initiative as a small boost to help the successful businesses pivot, scale or grow in 2021,” Anil Stocker (pictured), chief executive of MarketFinance, said.
“We want to support more of the UK’s hardest working and most exciting small – and medium-sized enterprises.
“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.”
Any business could apply from any sector, as long as it was trading for at least two years and showed positive growth.
Timings of the next rounds will be made public this year.