AN EDINBURGH-based entrepreneur and their business has been awarded £10,000 to support their businesses’ future growth plans and ambitions.
Kelly Wright and her business The Refillery have been given the grant funding by the entrepreneurship charity Hatch Enterprise in partnership with the Royal Bank of Scotland. The Refillery is one of 10 businesses across the UK to receive a share of the £100,000 grant funding round in celebration of Hatch’s 10th anniversary.
The Refillery is a plastic-free and ethical goods store located in the capital on a mission to bring plastic free shopping to as many people as possible.
Kelly Wright, Founder of The Refillery, said: “We are delighted to be reaching out to more people in the Edinburgh area to bring liquid refills to their doorstep. This is a major step forward for us in eliminating even more needless plastic from the system.
“It has been a challenging few years for ethical, independent businesses like ours. This grant will help us to launch this much quicker than anticipated, adding much needed additional revenue which will ensure a sustainable future for The Refillery.”
The grants have been set up to enable business founders from diverse backgrounds to overcome barriers to growth typically faced by these groups in the start-up sector.
Applications in this round were open to graduates of Hatch programmes, targeting support at underrepresented founders. Of the awardees, nine were female founders, three were from an ethnic minority background and five were disabled. Nine out of the 10 grants were awarded to founders based outside of London.
Rebekah Capon, Managing Director at Hatch Enterprise, said: “Our mission at Hatch is to build a better world through entrepreneurship, supporting those typically underrepresented in the sector to launch and grow sustainable, successful businesses. Access to funding is a huge barrier to growth for any business, and even more so for historically marginalised communities.
“This partnership with NatWest is the perfect way for us to mark our tenth year as a charity, and we’re so pleased for the ten incredible founders awarded funding. Receiving these grants of £10,000 will make a real difference to the founders themselves, their businesses, and their wider communities.”
Hatch is supported by Royal Bank of Scotland, which is part of NatWest Group. As the biggest bank for start-ups in Great Britain1, NatWest Group provided funding for the grants and has been a longstanding supporter of Hatch, donating £1 million pounds to the charity last year to accelerate its work.
The bank also sponsors Hatch’s Launchpad and Incubator programmes, helping entrepreneurs to develop the knowledge, skills, confidence and network needed to launch and grow their business.
James Holian, Head of Business Banking at NatWest, said: “At NatWest we believe no matter who you are or where you come from, with the right support, entrepreneurs from any background can succeed in business.
“Our research shows that breaking down barriers to entrepreneurship will not only make the UK fairer, but also stimulate growth of the wider UK economy.”