The Sir Thomas White Loan Charity, based at Friars Mill in Leicester city centre, is delighted to announce that it is to sponsor a brand-new competition hosted by Leicester College, which aims to help entrepreneurial students get their business ideas off the ground.
‘Pitch Your Passion’ is a competition open to all full and part-time Level 3 or above students attending the college, providing an opportunity for budding entrepreneurs to showcase their business idea before a panel of judges.
In a deal worth over £20,000 over the next five years, fellow sponsors Pattersons Commercial Law will be donating 10 hours of professional support to the winning businesses, with a first prize of £1,000 being awarded to the winners to fund the start-up.
In addition to helping people across Leicestershire and Rutland start a business from scratch, The Sir Thomas White Loan Charity also makes its interest-free business loans available to people wishing to develop their business; something that borrower Hannah Myatt was able to do.
Provided that the business has been running for four years or less and that an applicant meets the other necessary criteria, the Charity’s investment of up to £20,000 is on offer.
Hannah, a dancer and dance teacher, set up her studio – Skytribe – with the help of a small loan, but later found that additional work was required to bring the premises up to the standards she desired – which is where The Sir Thomas White Loan Charity came in.
As part of the forthcoming Leicester Business Festival, David Howard – Chair of Trustees at The Sir Thomas White Loan Charity – will be delivering a talk to students at Leicester College on Monday 23 October.
The ability to study at post-graduate level provides you with more than an additional qualification. It can deliver amazing opportunities and provides access to a number of pathways towards a chosen career. Just ask Sam Gandy, who took out an interest-free education loan totalling £5,000 in order to study in London.
The 32-year-old from Market Harborough has since gone a step further as he approaches the end of his PhD; however, as he explained, it’s the journey he’s taken – quite literally – that has changed his life to this point.
From festive foundations, Melton-based Incredible Pies has established a reputation for delivering a wide variety of tasty treats, suitable for satisfying even the toughest of sweet teeth – with The Sir Thomas White Loan Charity playing a small part in the company’s growing success.
Established by Pete and Rob Sharpe, who applied for an interest-free business loan from the Charity in order to develop his start-up, Incredible Pies has now gained a strong customer-base following its presence at food events in Leicestershire and beyond.
The University of Leicester is to open a brand-new working space which could have huge benefits to business loan borrowers of The Sir Thomas White Loan Charity.
After months of planning, the go-ahead has been given to establish a co-working space operated by the University of Leicester within the city itself. A collaboration of the university, Leicester’s local start-up business community, local businesses themselves, Leicester City Council and De Montfort University; the co-working space is expected to make a difference to those engaged in early start-ups in addition to entrepreneurs, freelancers, professionals, social entrepreneurs and changemakers, who will be able to have the space to work, connect, collaborate, learn and grow.
HAVE A FRIEND EAGER TO SET UP A BUSINESS?
FANCY A £100 AMAZON VOUCHER?
The Sir Thomas White Loan Charity is delighted to unveil a brand-new Recommend a Friend initiative; an opportunity available to past or current borrowers of the Charity, launched with a view of helping more aspiring business owners make their dreams a reality.
The concept is simple – if you have a friend that is keen on starting up their own business, put them in touch with The Sir Thomas White Loan Charity.
A key attraction to starting a business is the opportunity to utilise a talent or passion on a day-to-day basis, creating a career out of something that provides enjoyment and satisfaction.
It is something that fuelled 28-year-old Jen Pyrah, whose gift for fine art has since been transferred to her business Wren & Wilson, which was set up after Jen successfully applied for a business loan from The Sir Thomas White Loan Charity.
Having the opportunity to study for a post-graduate qualification opens a host of doors when it comes to commencing a career. However, for many, the cost of continuing study beyond graduation provides a stumbling block – which is why The Sir Thomas White Loan Charity provides education loans that are interest-free for nine years.
Hajra Okhai is a perfect example of somebody eager to continue studying so that she could enter her chosen career. Hajra, from Leicester, initially commenced work for a large industrial company prior to making the decision to study for a post-graduate degree.