Date: 11 Aug 2020
Category: News

The Mayor’s £1m Back to Business Fund will offer up to £5,000 in match funding to small and independent businesses through the Pay It Forward London crowdfunding platform.

Pay It Forward London enables businesses to raise vital funds and stay afloat, rebuild and recover from the impacts of Covid-19 through crowdfunding. Since its launch in April, over 5,000 Londoners have donated over £320,000 to support their favourite local businesses.

Through the Back to Business Fund, the Mayor will match every pound raised by a business up to a maximum of £5,000 – or 50% of their campaign target – to help them expand their operation online, invest in their future and adapt to safe, socially distant trading.

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