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.
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.
The Sir Thomas White Loan Charity is delighted to announce that it is to be the main sponsor for Leicestershire Entrepreneurship Day; an event hosted at De Montfort University’s Student Union on Tuesday 5 November that will form part of the Leicester Business Festival.
Organised by De Montfort University’s DMUWorks, the event, running from 9.00am to 6.00pm, will consist of a day of inspirational guest speakers, panel Q&As, live and pre-recorded interviews, and networking.
The event will also provide an opportunity to celebrate local entrepreneurial successes and to inspire delegates through individuals from outside the region sharing their stories.
When his previous employers hit financial difficulty, Shaun Taylor took the decision to take voluntary redundancy. That action would become the catalyst for what followed, with Shaun now the owner of his own business, idee Creative.
Based in the heart of Leicester city centre, idee is a full-service design agency that has gone from offering simple graphic design to full branding design and strategy. It’s a fantastic story, and one that The Sir Thomas White Loan Charity is proud to be a part of.
The Sir Thomas White Loan Charity is delighted to announce a dramatic change to a key element of its eligibility criteria, which will make the charity’s interest-free business and education loans available to more people within Leicestershire and Rutland.
As of Thursday 1 August, applications will be welcomed from individuals aged over 18 and under the age of 45; increasing the eligibility window by 10 years, with the previous age limit for applicants being under the age of 35.
The Sir Thomas White Loan Charity is pleased to announce that a total of £93,705 has been approved in interest-free loans to young people within Leicestershire and Rutland, at the end of the charity’s first quarter of 2019.
One of the oldest charities in the county, The Sir Thomas White Loan Charity, named after the wealthy benefactor forming part of the city’s historical Clock Tower, provides people aged over 18 and under-35 with interest-free loans to help start or develop businesses within the county, or to fund postgraduate study anywhere in the world.
Following March’s meeting of the charity’s Board of Trustees, a total of six interest-free business loans, totalling £79,380, were awarded to help fund ventures including a vegan caterer, illustrator and security provider.
In the second instalment of our exclusive blogs with Sir Thomas White Loan Charity trustees, Lucy Womack provides insight into the charity’s quarterly meetings, which determine whether a borrower’s application has been successful, and the inspiration felt come the meeting’s close…
Despite it being quite common, I’m always amazed at how inspired I feel coming away from my involvement with The Sir Thomas White Loan Charity. It’s at this time that I feel so enthusiastic about working with an incredible charity that makes such a huge difference to young people in the county.
Okay, a little context needed; I understand. Last week, I spent an afternoon at one of the quarterly trustee meetings, where all 18 of us sit to discuss a host of matters involving the charity – not just our interest-free business and education loans.
Sir Thomas White Loan Charity Ambassador Lee Tomes has benefited from both forms of interest-free investment available from the charity.
Having initially engaged with the charity to take out an education loan to fund his postgraduate study in London, Lee – having returned to Leicester following his studies – set up Orange Fox Studios.
The video production agency, based in Phoenix Square in Leicester’s city centre, thrived. However, Lee wanted to be able to offer clients an enhanced service and product. As a side note, Lee also wanted to be able to focus on being able to work on projects that enabled him to utilise his creativity and skillset to the fullest. In order to deliver all of that, he required additional investment.