To celebrate the leap year, Simply Business has launched a competition to win £10,000 so budding entrepreneurs can make the leap to start or grow their own business.
Small businesses have a big, positive impact. They account for 99% of all businesses in the UK and generate £2tn annually to the UK economy. Plus they provide vital jobs and services within communities right across the UK.
The common barriers to starting a business are finance, fear and knowledge. To help overcome this, people can apply to win £10,000 cash from Simply Business to help kick-start their business. Details on how to apply can be found here
The insurance provider will also be releasing a series of free guides to help start-ups navigate company registration, marketing or where to access business finance – all designed to enable more UK SMEs to thrive.
Applications close on 31 July 2020. The winning business idea will be announced w/c 15 September 2020.
Alan Thomas, UK CEO of Simply Business, commented: “Leap years provide an extra day to break the mould – a day where normal traditions don’t apply. But we don’t believe this should be kept to one day – let’s make 2020 the year for small businesses to make the leap.
“We know that finding money for tools, stock and transport is a big barrier to starting a business. That’s why we’re launching a £10,000 business grant, to help encourage more small businesses to make a start this year with big dreams turning into livelihoods.”
