Small Business Hardship Fund for Enfield

Impact data and claims within this report are provided by the project creator and have not been independently verified by Spacehive.

Small Business Hardship Fund for Enfield

Small Business Hardship Fund for Enfield

London Borough of Enfield By London Borough of Enfield

This crowdfunding campaign will support micro/small local businesses in Enfield borough negatively impacted by the COVID-19 crisis. Lend a hand to keep our local businesses and high streets thriving!

Enfield Fundraising stage

0
backers
£0
pledged of £27,235
47
days left

Pledges will only be charged if the project hits its funding goal of £27,235 by 30 Sep 2020

Enfield Council has launched the Small Business Hardship Fund to support our small and micro businesses during the Coronavirus outbreak and during recovery. Small businesses are at the heart of our local community here in Enfield and we recognise the huge contribution small businesses make to our local economy, workforce, residents and visitors in Enfield. Whilst many businesses have received support from the Government through the Council, many more have not. We’ve created a crowdfunding project so that other larger businesses whose circumstances allow, can donate a token gesture to provide support to those micro/small struggling businesses who have not benefited through any of the existing Government support measures. All money raised will go directly to those micro/smaller businesses that meet a set of criteria to ensure they get the support and help they need during this period.

What we'll deliver:

  • Offer funding to micro/smaller businesses, to look after their families whilst their businesses remain out of operation

Why it's a great idea:

Micro and small businesses make Enfield a great place to live, shop and visit. Enfield has a small and vibrant business economy with over 88% of its businesses falling in the SME category employing up to 9 staff, many employ local residents. Due to COVID-19, many businesses have either temporarily closed or have had a sharp drop in trade. It is these micro/small businesses, their passion and commitment to Enfield that has created our thriving borough and its proud history. Therefore, we need to ensure these businesses continue to thrive in Enfield and your contribution will help these businesses have the best possible chance of getting back on their feet.

Steps to get it done:

  • Run the crowdfunding campaign
  • Distribute funding to small business most at risk

Gallery

Location Enfield

About the space

Custom Location

Council

London Borough of Enfield

Post a Comment

How will the money be spent?Total £27,234

Small business hardship fund - £25,000 (92%)
Other - £2,234 (8%)

Costs Breakdown

This shows how money raised for the project will be spent. These costs have been confirmed by the project's Delivery Manager and verified.

92%
Small business hardship fund
£25,000
8%
Other
£2,234
  • Spacehive fees
    £1,250
  • Transaction Fees
    £734
  • VAT
    £250

Overfunding

This project is enabled for overfunding. If the project hits its funding goal before the end of the campaign period, any extra funds raised will be spent (in order of priority) on:

  • More funding to support small businesses in Enfield

Total £27,234

Our Wish List

We're currently looking for people to offer skills and stuff to develop our project! Check out the list of what we need below and then use the 'Offer Something' button to the right to get involved.

Want to help?

Do you have stuff or skills to contribute to this project? Use this tool to offer something to the project creator.

Offer something