BID Leicester to pledge funds to support start-up businesses

cultural quarter leicester

Are you thinking of launching a new business or looking for funds to get a new idea off the ground? Then you could be in luck!

BID Leicester is collaborating with Crowdfund Leicester and Spacehive to help fund business start-ups in Leicester city centre. They have set aside £10,000 to contribute towards creative and innovative start-ups and are looking for new project ideas that will have a positive impact in the BID Leicester area.

To apply you should be a new business start-us or be launching a new project developed by existing businesses under two years old.

As this is a BID Leicester initiative it’s vital that it drives football and attention to the BID area. As such all a
pplicants’ proposals must incorporate a publicly accessible space within the BID area or plan to use a space in Leicester city centre. Businesses applying can be for profit or not for profit, but must be able to identify the positive economic, environmental or social impact of their project.

All projects submitted will be given guidance by Spacehive in how to set up and run a crowdfunding campaign in order to gather public support for their project, from presenting their idea to tips on how to engage the public, media and businesses. Following this, once the campaigns are up-and-running, BID Leicester will pledge further funds to projects that meet their key criteria and have proven support from the public.

So do you think you have an idea that could capture the public’s imagination and gather their support?

Start-up businesses or those with an idea for a new project should submit their application through the Spacehive website before 18 April. APPLY HERE.