Small business charity The Tide raises £160,000 in a week

A small business charity supported by the Mail has been hailed by a Government minister after it raised £160,000 in a week.

The Tide Charity, which Money Mail helped launch last week, will provide grants of £1,000 to small businesses hit hard by coronavirus. 

Applications for the funds, which are available to businesses with up to 50 employees, will open on November 30.

Business boost: The Tide Charity will provide grants of £1,000 to small firms hit hard by coronavirus

Business boost: The Tide Charity will provide grants of £1,000 to small firms hit hard by coronavirus

Business boost: The Tide Charity will provide grants of £1,000 to small firms hit hard by coronavirus

At least 160 firms will benefit from the scheme, which is a partnership between Tide and the Federation of Small Businesses.

Earlier this week small business minister Paul Scully said the charity was a ‘great initiative’ for small businesses in need.

Donors so far include ClearBank, IT firm Transputec, and Tide bank’s founder, George Bevis, and chief executive Oliver Prill.

The charity will also offer advice on adapting to the pandemic. Visit tidecharity.org.uk to donate.

m.dilworth@dailymail.co.uk

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