To help start, grow or revive your small business
Few have been hit harder by Covid-19 than the self-employed. The pandemic will cost small business owners £22,461 on average – and for many it could take years to get back on track.
But small businesses are the beating heart of the UK economy, accounting for 99% of all British businesses, and contributing a combined £2 trillion in annual turnover.
Small businesses hold the key to our collective recovery – put simply, we need them to bounce back.
That's why Simply Business are giving away £25,000 to one lucky entrepreneur – to start, grow or revive their small business.
Whether you’re a seasoned business owner or your journey’s just starting – we’d like to hear your story. Your trials, your triumphs, and everything in between. What inspired you to go it alone?
Small businesses are built on big dreams – so what’s yours? At Simply Business, we pride ourselves on enabling big dreams, and we want our £25,000 Business Boost to make a real difference.
As an accredited B Corp, we believe that businesses should be a force for good. From improving diversity and inclusion in your field or community, to how you impact the world around you – we’re looking to hear about the ways your business contributes positively to society.
Innovation comes in many shapes and sizes. For some, it could mean cutting-edge technology. But for others, it might mean the creativity needed to turn a hobby into a business. What sets you and your business idea apart from the competition?
Our collective recovery from the pandemic relies on small businesses bouncing back. We’d like to understand your plan – how will you use the £25,000 to boost your business?
Competition is open to UK residents aged 18 and over. Entrants' businesses must not have an annual turnover exceeding £500,000 or have received over £50,000 in private funding in the past two years (this does not include government grants). See the full terms and conditions
Resilience, passion, ambition – all traits you’d associate with former Wales and Lions captain, Gareth Thomas. While his bravery and authenticity off the field are to be admired.
Small business owners have been hit harder than most by Covid-19, and have had to show these very same traits as they look to bounce back from a period of uncertainty.
As a Business Boost ambassador, Gareth will be sharing his experience on everything from how to bounce back from challenges and show resilience in the face of adversity, to the importance of authenticity and having a big dream.
Applications open! Tell us a bit about your business, and how our Business Boost would help. See what our judges are looking for above.
Remember to get your entry in before the 17 September deadline.
We’ll announce our #BusinessBoost shortlist – keep an eye out for a Simply Business email to see if you’ve made the shortlist.
We’ll announce our 2021 #BusinessBoost winner.
In 2020, we narrowed down almost 15,000 inspiring entries to a shortlist of just 11 – all of which highlighted the resilience, innovation and diversity of UK small businesses.
And after much deliberation from our judges, we were delighted to announce that artisan textile business Rowan Bay, from Norfolk was the recipient of our 2020 Business Boost grant. Rowan Bay is owned by Larissa Cooper, who produces woven baby wraps and slings from sustainable yarns.
This is Larissa's story…
Wondering how to become self-employed? We’ve got some tips for getting started – from weighing up the pros and cons of self-employment, to understanding tax and benefits when you’re self-employed.
So you’re thinking of starting your own business? We’ve got some tips for getting started – from writing a business plan to understanding tax, benefits, and legal structures as a new business owner.
From the big idea itself to the legalities and regulations, proper planning should help you build a really successful home business. Read our guide to businesses you can run from home.
It’s important to know how to write a business plan, because it helps you answer questions about your business and recognise potential obstacles before you set it up properly.
Finding small business grants in the UK can require investigation, with eligibility depending on a whole range of factors. That being said, it’s not impossible to find sources of small business funding you don’t have to pay back.
So you’ve decided to take the leap? Congratulations – you’re at the beginning of an exciting journey. Before you get stuck in, there are a few things you should have covered, like setting up as self-employed with HMRC.
What's in a name? Find an entertaining, punny name for your new business by using our dynamic name generation tool. Just select a trade and let our algorithm do the rest!
What is turnover in business – and how does it relate to your business’s health? Understanding how well your business is doing might not be an exact science, but business turnover is one of the markers you can use to get a good idea.
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