Grant Scheme Launch Website

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

by News

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.

Scott Moore Grant Title

Coming Back Stronger

by Business Grant Success Stories

In September 2021, The Sir Thomas White Loan Charity – for the first time in the charity’s long history – delivered individual business grants up to the value of £5,000 for ventures in Leicestershire and Rutland needing investment in the wake of the impact of COVID-19.

For Scott Moore, his business, CEL Sports Ltd, was hit massively. Providing sports coaching from grassroots to the top level, the closure of schools and suspension of grassroots sport just as his business was starting forced a quick change in direction. With help from an interest-free business loan from The Sir Thomas White Loan Charity, CEL Sports Ltd was able to open a gym in Glen Parva which, with social distancing in place, enabled the business to continue operating.

However, as Scott explains, the impact of COVID-19 in full led to a huge loss in revenue. When lockdown came to an end, Scott was quick to apply for further help from The Sir Thomas White Loan Charity through a £5,000 grant.

Lucy Womack Chair Title

Charity Announces New Chair of Trustees

by News

The Sir Thomas White Loan Charity is delighted to announce the appointment of Lucy Womack as Chair of Trustees

Having served as a trustee of the charity for a decade, Lucy’s appointment as Chair of Trustees will see her become the first-ever female to take on the role, whilst Lucy also becomes a third-generation member of her family to be named Chair of Trustees after both her father and grandfather fulfilled the role in years gone by.

Throughout her time as a trustee with The Sir Thomas White Loan Charity, Lucy has been at the forefront of the charity’s scholarship programme. The programme, which provides high-performing pupils in the county with an opportunity to study at one of Leicestershire and Rutland’s independent schools, has seen recipients obtain places at some of the country’s most prestigious universities.

Business-Open

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

by News

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.