The Return of Fund 101
by Startacus Admin
Got an idea for a business but just need that little bit of cash to get you going? Or maybe you’ve already started a business but could do with a few extra pounds to help take it to that next stage.
If either of these scenarios ring true for you, the recently re-launched Fund 101 could be worth a look.
Fund 101 is an initiative run by the folks over at Enterprise Nation which provides small businesses with the opportunity to raise up to £500 for their endeavours. Interested in the sound of that?
Here’s what you need to know:
If you’re a UK based startup or simply someone with an idea for a small business, you are eligible to apply. The money you apply for can be used for anything from purchasing new equipment for your business through to marketing and promotion costs.
Applying for the money could not be easier. Simply complete the online application outlining how much money you need and what you intend to use it for. The Fund 101 team will then shortlist the 5 best applications that they receive and then allow Enterprise Nation members to start voting for their favourites. The 2 applications who receive the most votes will then receive the money.
It couldn’t be simpler! It’s just a matter of making your initial application as strong and clear as it can be and then if you’re selected, encouraging your customers, your social media followers and of course your friends and family to take a minute or two out to vote for you.
That’s it. There’s no catch. All the Fund 101 guys want in return is that you agree to share your story on the Enterprise Nation blog explaining how their funding has helped you and your business. And that’s certainly no big ask is it?
If you’d like to apply, then get on the case straight away by entering your details on the Fund 101 site and then hopefully if you’re selected, start getting those votes in!
And one more thing...Good Luck!
If you like what you see here on Startacus and want to get involved yourself, why not become a member of our growing community by joining for free here!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Bring! is a digital grocery tool that simplifies grocery shopping for you and anyone you are shopping for.
In a bid to help brands during the current pandemic, the GreenJinn grocery app makes some rapid changes to its service
Coronavirus & furloughing employees. Nichola Hailes of Payfit looks to answer some of the most frequently asked questions about the job retention scheme.
For startups entering the food industry, here's why accurate labelling on ready-to-eat food products is important.
Whether you’re looking to create a frugal startup, or it’s already up and running, here are 4 tips to reduce costs while keeping the work environment pleasant.
The Belfast-based startup that provides a fully managed 24/7 Software-as-a-Service (SaaS) for securely storing and sharing assets, packages and containers.
The insolvency technology startup secures funding to help support the UK's most vulnerable consumers to avoid bankruptcy
Darren Hockley, MD of Delta International on how millennials may be helping businesses face the current COVID-19 pandemic
The innovative startup that's enabling businesses to connect with their customers via personalised handwritten communication
The lowdown on the Estonian startup that has created a multiplayer game to help kids practice math facts in a fun way...
Published on: 2nd June 2013
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Cerebreon the Irish deep learning startup raises £1.5m in seed funding 31st Mar 2020 The insolvency technology startup secures funding to help support the UK's most vulnerable consumers to avoid bankruptcy
- Chivas Venture divides this year's $1m Venture Fund between 26 global Startups 23rd Mar 2020 In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
- The open-source design of emergency ventilators for COVID-19 patients 20th Mar 2020 World Wide Community of over 500 designers engineers & medics finalising prototypes for safe scalable manufacture & rapid field deployment..
- Positive-ish reaction from small business and startup community to UK Chancellor’s Corona budget 11th Mar 2020 New UK Chancellor Rishi Sunak just delivered his first UK Budget. We took a look at first reactions from small business and startup leaders.
