Grant Scheme Launch Website

Charity To Deliver Grants Of Up To £5,000 To Businesses Within The County

Having provided interest-free loans to help support aspiring and existing business owners within Leicestershire and Rutland since 1542, The Sir Thomas White Loan Charity is delighted to announce that it is now welcoming applications for grants of up to £5,000 to support businesses within the county.

Following a hugely successful pilot business grant scheme in 2021, The Sir Thomas White Loan Charity has ensured further support be delivered in the same way this year, as the country continues to recover from the economic impact of the COVID-19 pandemic.

A total of £50,000 has been allocated by The Sir Thomas White Loan Charity to be delivered in business grants for 2022, and provides an additional opportunity for one of the city’s oldest charities to help more businesses at what has been an unprecedented period. Whereas the charity’s interest-free business loans are to be repaid, these grants of up to £5,000 require no repayment by recipients at all.

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Over £455,000 Delivered in Interest-Free Loans by Charity in 2021

As we enter 2022, Leicester-based The Sir Thomas White Loan Charity has announced that a total of £455,950 was delivered to people aged 18 to 45 within the county, in the form of the charity’s unique interest-free loans, throughout 2021.

Established in 1542 after a dowry was left to the city of Leicester by Sir Thomas White in 1542, today The Sir Thomas White Loan Charity provides interest-free loans of up to £20,000 to aid business start-up or development within the county, or interest-free loans of up to £10,000 to students wishing to study at postgraduate level to enhance their career prospects.

Running four application windows on a quarterly basis throughout the year, The Sir Thomas White Loan Charity has confirmed that a total of £289,650 was delivered in the form of 22 interest-free loans to start or grow businesses in 2021.