Jewellers Academy founder Jessica Rose has announced that the scheme is offering two £1,000 grants to jewellers this year, with applications for the fund closing next week on 28 August.
At least one of the JewelFund grants, which were first given in 2018, will be given to a BAME jeweller this year.
The money is intended to help a deserving jeweller build or launch their business, and will come with the added bonus of a year’s mentorship from Jessica Rose.
Rose founded the Jewellers Academy, and is also known as the founder of London Jewellery School, founded in 2008.
She commented: “Having launched jewellery businesses myself, I know what it takes to get started. Alongside support, training and lots of hard work, sometimes we need a cash injection to pay for equipment, rebrand or cover new expenses while we expand.
“This year particularly I have seen that jewellers are needing to pivot their business to provide more online opportunities for selling to their customers.
“I set up this fund in 2018 as a way to give back to the industry that I have built my career in and support others building their own businesses, and I know that the need is there in 2020 more than ever. I’m looking forward to the opportunity of working with more ambitious jewellers this year.”
The jeweller concluded: “2020 has been a tough year all round so I’m very pleased to be able to continue to support jewellers by offering the JewelFund grants again this year.
“I am also committed to supporting jewellers who are under-represented in the industry, so I am pleased to announce that at least one of the grants will be awarded to a BAME jeweller.”
Any jeweller over the age of 16 can apply, Rose said, especially where the money will make a substantial difference to their business. Pre-business jewellers may apply but will need to submit a business plan alongside their application. More information is available at the Jewellers Academy website.