Posted: Tue 5th Oct 2021
Partnering with the London Borough of Tower Hamlets, Enterprise Nation will be delivering a bespoke Covid-19 recovery plan and support worth £1,000 to 150 small businesses in the borough. This is part of a pioneering council programme aimed at helping firms navigate the unprecedented challenges of Covid-19, as well as helping them pivot and change their businesses in light of new consumer demands and market opportunities.
Following a successful pilot of the Pivot Project in 2020, which saw 50 local businesses selected for support, the programme has been extended to help even more businesses in the borough. The initiative aims to help companies that are struggling with the impact of the pandemic but have the potential to survive and thrive if they can get the support and advice to adapt their business model.
What support is available?
£1,000 cash grants
Tailored action plans with expert recommendations on how to grow and pivot the business
Free membership to Enterprise Nation
Access to a Peer-to-Peer network to connect with other Tower Hamlets based businesses in order to provide an environment where you can connect, learn from, support and do business with each other to find out more.
Access to additional small business support from Enterprise Nation, Google, Kickstart Scheme and QMUL amongst others.
Applications for a place on the programme are now open so if you’re a small business in the borough looking to pivot your business, please apply now.
The support is available for Tower Hamlets-based micro and small businesses, employing up to 49 people, that were trading prior to 30 June 2021.
While 150 firms will be selected for the Pivot Project specifically, the council officers will ensure that any applicants that either don’t meet the eligibility criteria or don’t quite make the cut for this programme will be supported to access other assistance available, wherever possible.