A Preston Markets café has been shortlisted for a national award.Advertisement
Brew + Bake is one of three finalists in the Environmental Sustainability category of the Citi Microentrepreneurship Awards, an annual celebration of microentrepreneurs who have accessed responsible business finance.
Owner Julie Fausset used a £10,000 start up loan from Lancashire Community Finance to set up Brew + Bake in 2018. She now employs six people.
The café’s commercial success and Julie’s support for local economic sustainability through her employment and purchasing practices have led to Brew + Bake being shortlisted for the award by a panel of independent judges.
Julie said: “I’m extremely proud to be nominated and recognised for the hard work we’ve put into Brew + Bake over the last two years.
“We love working closely with sustainable suppliers in the North West and showcasing their fantastic produce. It’s great to see Preston supporting local independent businesses.”
Elaine Rimmer of Lancashire Community Finance said: “I am delighted that Brew + Bake is shortlisted for the Environmental Sustainability Citi Award.
“Julie approached us for start-up finance in 2017 with a vision to make Lancashire’s larder accessible to all. With our support, she developed a commercial proposition that combined with her environmental conscience.
“In 18 short months, she has established herself in a highly-competitive market, received excellent feedback from local people and already outgrown her first unit! We have no doubt her success will continue well into the future.”
Read more: Brew + Bake relaunches in new Preston Markets unit
The UK’s 5.6 million microenterprises – businesses with 10 or fewer staff – account for 96 per cent of all businesses, and employ over nine million people. In 2019, the responsible finance sector lent £171 million to thousands of businesses and social enterprises rejected by or unable to access finance from mainstream lenders.
Bob Annibale, Global Director, Citi Inclusive Finance and Community Development, said: “Microenterprises like Brew + Bake play a vital role in strengthening communities throughout the UK by creating jobs, unlocking opportunities, and addressing social and environmental challenges.
“The Citi Microentrepreneurship Awards recognise the positive impact they are having on a local and national scale, and these exceptional finalists and the responsible finance providers which supported them all contribute to the economic, social and environmental vibrancy of their communities.”
Brew + Bake will find out in May if they have won the award, and the £7,500 prize money.
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What do you think of Brew + Bake being shortlisted? Have you been to the café? Let us know in the comments.