Business Adaptation Project: Safeguarding the future of your business

The London Borough of Tower Hamlets has partnered with Enterprise Nation to deliver the Business Adaptation Project, offering 215 small businesses in the borough a programme of business support and funding of up to £1,250 in match-funding.

The initiative is open to businesses with fewer than 49 employees who were trading in Tower Hamlets before 30 June 2021 and who want to adapt their businesses to the post-Covid business environment and safeguard their future.

What is future-proofing and safeguarding your business? While every business hopes for smooth sailing, it's crucial that you're aware of the risks that could disrupt your business - and that you take steps to prevent them. This is called 'safeguarding' or 'future-proofing'.

Examples might include: reinforcing your digital security to combat cyber attacks, buying equipment to ensure you can trade outdoors if a new lockdown were to be imposed, adapting your current space to allow for better social distancing, improving your product and services, investing in training programmes, upskilling your workers so that they can deputise in your absence, taking out additional insurance policies, cashflow forecasting, or purchasing safety equipment to protect your staff and customers.

Looking to pivot your business instead and create new revenue streams or reach new customers?
The Pivot Project might be more suitable to you!

What can you access?

Enterprise Nation and Tower Hamlets

Enterprise Nation is a vibrant community of small businesses and business advisers that exist to shortcut your route to trusted business support. Whether you're starting or growing a business, we have the resources, expertise, and connections to help you get it right.

Tower Hamlets Council works in partnership with local and national agencies to provide businesses with relevant training and advice on subjects such as business planning, marketing, raising finance and becoming fit to supply. They also bring the local business community together through digital networking events, workshops, and seminars.

Frequently asked questions