Pizza Hut’s new grant scheme set to launch almost 100 new businesses by 2025
Pizza Hut Delivery and Hatch Enterprise are moving their New Founder Programme partnership into the next phase by adding a grant opportunity for participants.
The move follows the successful graduation of the first year of New Founder Programme entrepreneurs.
Graduates of the programme’s Launchpad scheme can now apply for a grant for up to £1,000 and those who completed the Incubator programme can apply for a grant of up to £5,000 to grow their businesses.
Katie Mellor, chief capability and culture officer at Pizza Hut UK & Europe, said: “As a brand, we stand for more than just pizza. We are passionate about helping to open the door for a new generation of entrepreneurs from underrepresented backgrounds – especially as, like our franchisees, entrepreneurs give so much back to their communities. Launching the next phase of our New Founder Programme with Hatch and Groundwork through this grant scheme is the perfect step to continue supporting more underrepresented business leaders to grow their businesses and thrive.”
To date, the New Founder Programme has supported 440 entrepreneurs and 57 new businesses and is aiming to help start 97 businesses and reach 1,025 entrepreneurs by 2025.
The grant can be used by participants to explore new markets, increase trading, build capacity or better measure impact. The grantees will be selected based on the impact the funding will have on their business, as well as the social and environmental outputs of the project.
Applications for the grant close on 5 September 2022.
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