The Business Boost Competition has been designed to help small businesses emerge successfully from the COVID-19 pandemic, and boost the chances of new start-ups. The scheme can help people who would like to start, grow or revive a small business.

The winner will be awarded a £25,000 grant.

The competition is open to UK resident entrepreneurs and businesspeople aged 18 and over. 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).

Alan Thomas, UK CEO at Simply Business, said:

'Small businesses are built on big dreams, and countless self-employed people have seen these dreams put to the test during this most challenging of periods.

'We want to make a genuinely transformational impact to a small business owner's life – with a cash injection that can put someone’s big dream back on track. And from our research we know £25,000 will do just that.'

You can find out more information here. The deadline to apply is 17 September 2021.