Free Crowdfunding support launched

Pay it Forward: Crowdfunder & Enterprise Nation launch support for Scottish small businesses during COVID-19 pandemic.

In light of the sharp downturn in income felt by small businesses across Scotland due to COVID-19, Crowdfunder and Enterprise Nation will provide the tech and tools to enable small businesses in Scotland to pre-sell their services now on a promise to their customers that they can redeem them later.

The campaign called, Pay it Forward, will provide access to free training for small businesses, to help with online sales, cashflow support and legal support, delivered by Enterprise Nation.

Emma Jones, founder of small business support network, Enterprise Nation, said: “We've pledged to offer a package of support and guidance to small business and those on the high street to help keep them afloat in these unprecedented times. We'll be offering training and the latest information on how to access the latest Government support all in one place. We must hold our nerve and move forward together and Pay It Forward is a brilliant and practical way to coordinate targeted support.”

Rob Love, Founder and CEO, Crowdfunder said: “This is a really difficult time for everyone and there are lots of different things people are worried about including their jobs. One thing people can do if they can afford it, is support local businesses. Through Pay it Forward, we are committed to throwing Crowdfunder’s resources behind keeping business alive through this crisis.”

Pay it Forward – how does it work?
Small businesses who may be worried about the future due to COVID-19, can set-up a Pay it Forward campaign offering customers the option to book meals, a room for the night or a ticket to an event for example, now, based on a promise to deliver in the future. Crowdfunder will cover all platform and transaction fees.

Last Updated: 25 March 2020 9:27

Source: Crowdfunder

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