Gifting site awarded £10,000 grant
A Bristol-based entrepreneur and their business have been awarded £10,000 to support future growth plans and ambitions.
Lucy Willoughby and her business Good Things Gifts have been given the grant funding by the entrepreneurship charity Hatch Enterprise in partnership with NatWest. Good Things Gifts is one of 10 businesses across the UK to receive a share of the £100,000 grant funding round in celebration of Hatch’s 10th anniversary.
Good Things Gifts is a gifting site which seeks out inspiring, ethical and sustainable gifts that support charities, empower people and protect our planet, and brings them together on one site, making it easy for consumers to find them.
Lucy Willoughby, founder of Good Things Gifts, said: “This grant gives me the opportunity to take Good Things to the next level. With this funding I will be investing in a shop space and developing new gift lines which is really exciting. We’ve just had our busiest year yet, and with this grant, I can’t wait to build on this growth and momentum, championing more gifts with positive impact.”
The grants have been set up to enable business founders from diverse backgrounds to overcome barriers to growth typically faced by these groups in the start-up sector.
Applications in this round were open to graduates of Hatch programmes, targeting support at underrepresented founders. Of the awardees, nine were female founders, three were from an ethnic minority background and five were disabled. Nine out of the 10 grants were awarded to founders based outside of London.
Rebekah Capon, managing director at Hatch Enterprise, said: “Our mission at Hatch is to build a better world through entrepreneurship, supporting those typically underrepresented in the sector to launch and grow sustainable, successful businesses. Access to funding is a huge barrier to growth for any business, and even more so for historically marginalised communities.
“This partnership with NatWest is the perfect way for us to mark our tenth year as a charity, and we’re so pleased for the ten incredible founders awarded funding. Receiving these grants of £10,000 will make a real difference to the founders themselves, their businesses, and their wider communities.”
James Holian, head of business banking at NatWest, said: “At NatWest we believe no matter who you are or where you come from, with the right support, entrepreneurs from any background can succeed in business. Our research shows that breaking down barriers to entrepreneurship will not only make the UK fairer, but also stimulate growth of the wider UK economy.”
