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Tuesday 19 May 2020

Tech Goodness: Salesforce offers $1m of grants to UK SMEs

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As part of a $5m global initiative, Salesforce has announced a new $1m programme of grants to help small businesses in the UK impacted by coronavirus. The tech giant is working with small business support network Enterprise Nation to offer ‘Salesforce Care Small Business Grants’ of £5,000, providing capital to help keep businesses afloat. In total, 134 grants will be given to small businesses across the UK as they work to reopen, get back to a ‘new normal’ and adapt their business model to overcome challenges presented by COVID-19.

To be eligible, SMEs must be British with 2 to 50 employees; have been established for at least 12 months and not have received any other cash grant during 2020 in relation to COVID-19 from any Government. (The full eligibility terms are here.)

Applications will be assessed against a range of criteria including the activity and financial standing of the business; the level of hardship suffered by the company as a result of COVID-19; the likely impact of a Grant on the survivability and resilience of the company; and the impact of the company and its potential failure on its community.

Whilst you could be forgiven for being sceptical about some ‘tech goodness’ initiatives, aside from some publicity, these small business grants come with no obvious strings attached although you need to specify how it will be used. Importantly, it’s stipulated that the funds cannot be used for any new or existing Salesforce product or service expenditures.

Applications will open in six regional phases between now and the beginning of August. For more details and to apply see here.

Posted by: Tola Sargeant

Tags: sme   covid-19   Techgoodness  

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