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Mayor of London launches Pay It Forward scheme

Added on: 22nd April, 2020 by O1

Mayor of London launches Pay It Forward scheme

Last Updated:
Tue, 19 May 2020

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The Mayor is offering 100% free fundraising to help businesses like yours to secure trade by pre-selling vouchers, goods and services.

Businesses are facing enormous challenges whilst playing an important part in the fight against coronavirus, with many struggling with cashflow.

Through the Pay It Forward initiative, businesses can offer customers the option to buy goods and services in advance based on a promise to deliver in the future, helping to secure trade through this difficult time. This means people can book and look forward to future activities - such as meals, events, beauty treatments etc. - while supporting their favourite small businesses to stay afloat.

It takes moments to sign up and start a fundraising campaign, allowing the public to pledge funds in exchange for future rewards when this is all over - from haircuts, to flowers, to pints.

Members of the public can also ‘nominate’ their local businesses and encourage them to sign up.

Over 700 businesses across the country that have collectively raised over £1.5 million already with the help of over 32,000 supporters who have paid it forward. This works. Once you've signed up let us know and we'll help spread the word for Orpington businesses which have joined the scheme. The scheme was discussed at this week's Virtual Business Forum.

Start crowdfunding for your business now

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