A competition for small and micro businesses in Great Britain, with prizes of up to £10,000, to help them come out of lockdown and make the most of new opportunities as measures are eased.
This scheme is provided by Gumtree UK, in partnership with Tide and supported by O2 Business, Builder.ai and SumUp.
Objectives of Fund
The Small Business Blast-Off Competition is intended to support small and medium businesses in Great Britain to recover from the effects of the coronavirus (COVID-19) pandemic and its resulting lockdowns, which have restricted normal trading practices.
As lockdown eases, it is accepted that financial pressures on companies will remain burdensome for some time. This scheme aims to help firms on their way back to profitability and help them make the most of new opportunities where they exist.