Enterprise Relief Fund

The Prince’s Trust and NatWest have set up an Enterprise Relief Fund, offering grants that can be used to maintain core business costs, as well as to meet any existing financial commitments such as invoices from suppliers and essential equipment. The grants will also support young people diversify their business so that they can respond to the crisis.

Business owners aged 18-30 who set up their business in the last 4 years are eligible for grants from the scheme, but business owners aged 18-30 who are not eligible are still encouraged to get in touch for 1–1 support from the Trust.

In addition to this funding by NatWest, Social and Community Capital, a charity funded by NatWest, has announced £500k to be available as grants for social enterprises and community businesses.

More information: https://www.princes-trust.org.uk/about-the-trust/coronavirus-response/enterprise-relief-fund

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