Beauty Backed Launches Grant Scheme to Support New and Current Businesses

The Beauty Backed fundraising initiative began in 2020 to support the independent businesses and entrepreneurs within the beauty industry who were directly impacted by the COVID-19 pandemic. After a successful launch which saw over £600,000 raised for and donated to the Hair & Beauty Charity, Beauty Backed has since evolved into a Trust which aims to assist everyone and anyone who works in the beauty industry. With beauty contributing over £28 billion to the British economy each year, the Beauty Backed Founder, Caroline Hirons and The Trustees passionately advocate that beauty is a valuable industry that deserves to be celebrated. The goal of The Beauty Backed Trust is to champion expertise and provide support to everyone within the beauty industry or those wanting to enter it.

From the 7th October 2021, the Beauty Backed Trust will launch their first Grant Programme to continue to support the beauty industry after the COVID-19 pandemic. There are two types of grants available, a “Start-up Grant” and a “Support Grant” for people who need a bit of extra support and guidance whilst getting back on their feet.

The Startup Grant

A start-up grant is a financial donation targeted at individuals whose plans to enter or continue a career in the beauty industry were ended last year because of the COVID-19 pandemic. The grant could typically assist with purchasing equipment, securing suitable workspace or meeting additional training requirements.

Each candidate can apply for up to £5,000. Where relevant, equipment or stock may be provided in replacement of a financial donation.

Support Grant

A support grant is a financial donation focused on benefiting previously established businesses and freelancers that need additional help and guidance to recover and evolve. Funds may be used to support the continued running of the business, additional training or the purchasing of new stock. Support grants will be limited to a maximum of £5,000 per business.

So what does the application process look like?

“Beauty Backed Trust have worked hard to make the application process for the Grant Programme easy to follow and guidance will be available throughout their journey should applicants need it” shares with us Amy, Beauty Backed trust Manager. “We want the Grant Programme to be accessible to everyone who needs support whilst ensuring that the Trust has adequate information to fully support each candidate.”

All applicants must visit www.beautybacked.com to submit their online application forms. Their applications will be reviewed by Beauty Backed’s Trust Manager to make sure all the required information and documentation has been provided before the Trustees decide if it is something that the Trust can support with. Next, applicants will be invited for an interview with at least two of the Trustees. Beauty Backed Trust have partnered with Barclays Digital Eagles to provide online training courses to help further support the candidates throughout and after the application process.

Successful applicants will then be provided with a mentoring programme for guidance and support throughout their journey, to ensure that the funds are used appropriately and that they are really getting the most out of this assistance possible.