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Thursday , October , 17 2019
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NatWest Offers Grants to Female-led Businesses

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The Back Her Business initiative has been designed to help more female entrepreneurs launch their own business. The UK-wide campaign is part of NatWest’s pledge to inspire 400,000 female-led business by 2025.

The initiative works by giving participants a crowdfunding platform to raise the money they need to launch a commercial enterprise, as well as free coaching, mentoring and opportunities to meet like-minded women.

The bank is providing a top-up fund of £1 million per annum and will be offering a grants to qualifying businesses. Applicants are required to set up a crowdfunding project with a minimum target of £1,000. Successful applicants will receive match funding of up to 50% towards their target, up to a maximum of £5,000.

This programme is open to UK-based, female-led start-up businesses and those with a new trading activity.

Cheryl Gourlay, NatWest National Women in Business Manager, said:

"Women start businesses with 53% less capital on average than men, are often less aware of funding options, and less likely to take on debt. We want to see that change because there is a wealth of untapped talent out there.

"Back Her Business provides an accessible funding platform as well as peer-to-peer support and mentoring."

Applications may be submitted at any time.

Scheme - Guidance Document

Useful Links

Addresses and contacts

For further information on how to obtain this grant locally, please contact the following:

  1. Enquiries
    NatWest Bank plc
    250 Bishopsgate
    EC2M 4AA
    Email: [email protected]

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