The Sir Thomas White Loan Charity is delighted to announce the total sum approved in interest-free business and education loans for the opening quarter of 2020.
Following the first round of interviews with prospective borrowers in February, five loans, totalling a sum of £44,000, were approved to help establish or develop new businesses in Leicestershire, or help students return to university to obtain postgraduate qualifications.
Music tuition is a common experience for children throughout their school years and a lot of those stories are very similar.
Using rented equipment in a one-on-one session with a tutor, prodigy musicians make their way through the seemingly never-ending list of grades and qualifications – the exact experience that Mike Heaps of Room For Music had. That was until he decided to do something about it and revolutionise music teaching for the next generation.
He said: “Room for Music was established about eight years ago now. My goal was to provide an alternative approach to music tuition and specifically contemporary music tuition.
“Rather than one-on-one lessons, which is how most young people learn an instrument, I wanted to focus more around a group workshop style of teaching. I was trying to encourage those kids that were sat in their bedrooms and playing drums or guitar on their own to come together, start a band and get out there gigging and performing as real musicians.”
The Sir Thomas White Loan Charity is pleased to announce that a total of £140,879 was approved in interest-free business and education loans at the culmination of the final quarter of 2019.
This figure is the sum of 12 loans approved in December 2019, with five education loans totalling £39,000 complemented by an additional £101,879 approved across seven interest-free loans to help start-up or develop businesses in Leicester, Leicestershire and Rutland.
The Sir Thomas White Loan Charity is delighted to announce the appointments of Sue Cleminson, Mark Shelton and Greg Hollingsworth to the charity’s Board of Trustees.
Boasting a wealth of experience across varied areas of business, the three new trustees will work as part of a Board of Trustees totalling 18 members, overseeing the operation of one of the oldest charities in the city of Leicester. Amongst their roles, the three new trustees will form part of panels conducting interviews with prospective borrowers, in addition to visiting the business ventures of those successful in their application.
The Sir Thomas White Loan Charity was proud to sponsor DMUworks Enterprise’s first Leicestershire Entrepreneurship Day, which took place at De Montfort University on Tuesday 5 November as part of the city-wide Leicester Business Festival.
Providing an opportunity for predominantly young entrepreneurs within the city to learn from some of Leicester’s renowned names in business, the successful event was opened by The Sir Thomas White Loan Charity’s patron – and one of the county’s most successful businessmen – Barrie Stephen.
Experience of an industry can allow an individual to develop a deep understanding of their sector – with that knowledge potentially representing a vital tool when embarking into business.
Take the example of Kieran Lake, who after being involved in the security industry nationally for over 12 years, made the snap decision whilst on holiday to put his wide range of skills to better use and set up his own security company, Octagon Facilities Management.
There, he was determined to employ his depth of knowledge to forge a real name for himself and his business.
When Keilly Shirra’s daughter was born in 2003, it opened up more than a new chapter in her life as a mother. It was to unknowingly kick-start the prelude to a chapter, which would see Keilly become her own boss and establish her growing business, Mad About Nature, which makes luxurious all-natural handmade soaps.
Keilly’s daughter was born with eczema and fuelled a passion to start using natural skincare products which she knew would be free from harsh chemicals and unnecessary synthetic ingredients which dry-out and damage skin. On a trip to London’s Covent Garden, Keilly discovered a homemade soap stall which would change her life.
This week is a hugely exciting one for Sir Thomas White Loan Charity borrower and lingerie designer, Posie Upshall.
Following a two-year project, Posie is set to unveil her first three collections of luxury lingerie at an event taking place at Leicester’s Brick & Beam on Friday 11 October; the culmination of two-years’ hard work.
An added factor is Posie’s approach to design; the brand aims to be as environmentally sustainable as possible, whilst the 25-year-old designer has worked to ensure that her items have a localised element to them too.
The Sir Thomas White Loan Charity is delighted to announce that a total of £128,500 has been approved in interest-free loans at the end of the charity’s third quarter of 2019.
One of the city’s oldest charities, having been established in 1542, The Sir Thomas White Loan Charity offers loans of up to £20,000, which are completely interest-free, to give start-ups or developing businesses a much-needed helping-hand.
In addition, students embarking on post-graduate study can apply for up to £10,000 on the same terms.
You often hear incredible stories about how one parallel pathway in life perfectly sets people up for a completely different one. Sir Thomas White Loan Charity business loan borrower Natasha Dulay is a perfect example.
Always creative, Natasha would often spend her spare time putting her creativity in motion. However, away from that, she dedicated her education to developing her studies in business, at one point potentially entering the field of accountancy. That wasn’t to be, as Natasha soon realised, through her passion for jewellery initially, that her desire was to create unique products and showcase them to a target market.
That developed further to crafting unique handbags and clutch bags – and Styles of Soki was born.
What Natasha didn’t realise at the time was that everything she was doing away from being creative was preparing her to turn her creativity into a career.