Xero, the leading cloud-based accounting software company, has launched the Xero Beautiful Business Fund – an exciting initiative aimed at providing much-needed support to small businesses across the globe. The program offers more than £350,000 in funding to help small businesses grow and pave the way for future success!
In this blog, we’ll delve into everything you need to know about the Xero Beautiful Business Fund, including how to apply and the various funding categories it encompasses.
How to apply for the Xero Beautiful Business Fund
Before we dive into the details, make sure you note that the closing date for submissions is 6th October 2023, so if you’re interested in applying, you need to be quick.
The Xero Beautiful Business Fund is an exciting opportunity that will be exclusively open to Xero small business customers in Australia, New Zealand, Singapore, South Africa, the United States, Canada, and the United Kingdom. The application process is designed to be both detailed and engaging, ensuring that every eligible small business has a chance to put its best foot forward!
The application process consists of two main components: a written form and a short video submission. This combination allows businesses to showcase their passion, innovation, and dedication in both a structured and creative manner, so make sure you put your own spin on it!
What are the Xero Beautiful Business funding categories?
The Xero Beautiful Business Fund acknowledges that every small business is unique, with distinct goals, challenges, and dreams. To cater to these varying needs, the fund offers four different funding categories:
Innovating for sustainability
This category is tailored for small businesses that aspire to take their sustainability efforts to the next level. Whether it’s adopting eco-friendly packaging, implementing energy-efficient equipment, or striving for carbon-neutral transportation, this funding category encourages enterprises to align their operations with environmentally conscious practices.
Trailblazing with technology
For businesses seeking to harness the power of technology to supercharge their operations, this category offers the perfect opportunity. Whether it’s embracing digitalisation across various business processes or integrating emerging technologies, the fund is all about technological advancement.
Strengthening community connection
Small businesses often have a profound impact on their local communities. This category recognises those businesses and non-profits that are dedicated to fostering community connections. Whether through philanthropic endeavours, social good initiatives, or meaningful community contributions, this category celebrates businesses that go beyond profit.
Upskilling for the future
The business landscape is continually evolving, and staying ahead requires constant upskilling. In recognition of this, the fund supports small businesses that are committed to enhancing their skills and those of their employees. By facilitating access to training and development opportunities, this category empowers businesses to grow and adapt.
What does the Xero Beautiful Business Fund evaluation process involve?
Within each funding category, seven regional winners will be selected through a meticulous evaluation process conducted by a regional judging panel. These regional winners will then advance to the global stage, where they will be evaluated by a global judging panel.
The ultimate winners of each category will not only receive recognition and support on a regional level but will also be awarded an additional global prize!
At Trinity Accountants we’re a Xero Gold Partner, so if you need to know anything about Xero please get in touch today and we’ll be happy to help!