![La Trobe to offer 10 SMEs $10k grants](/images/news/money.jpg)
The non-bank lender has launched a new promotion that will provide 10 businesses with a grant of $10,000 to help them adapt to the current climate.
La Trobe Financial has announced that it will be providing 10 Australian small businesses that have been impacted by COVID-19 with grants of $10,000 as part of a new initiative.
Through its sponsorship of the National Basketball League (NBL), La Trobe Financial has launched the ‘bounce back’ promotion, which will run through the NBL season.
Small businesses can go into the running to win one of the grants via latrobe.nbl.com.au by describing in 250 words or less how a $10,000 grant could help a small business bounce back in 2021.
The move has been designed to help small businesses impacted by COVID to adapt to a new way of working, for example, by improving online capabilities, adding home delivery options or moving to outdoor dining.
Cory Bannister, La Trobe Financial’s chief lending officer, commented: “We’ve worked closely to support our customers through some challenging times over the last year, and now we want to help Australian businesses propel forward to make up for lost time.”
Larry Kestelman, owner and executive chairman of Hungry Jack’s NBL, added: “It has been a very difficult period for small businesses across Australia, and we are pleased to partner with La Trobe Financial to help small businesses in need bounce back.”
Basketball Hall of Famer and former Melbourne Tigers player and coach, Andrew Gaze, will be the face of the promotion.
Mr Gaze commented: “I’m enjoying bringing this promotion to life during the NBL matches and looking forward to connecting with the winners and sharing their stories with basketball fans across the country.”
[Related: More retirees resuming downsizing plans]
JOIN THE DISCUSSION