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The Guardian - UK
The Guardian - UK
Business

Startup of the year 2014: Jewellery 4 Enterprise

Name: Jewellery 4 Enterprise
Based: Shoreham by Sea
Website: www.jewellery4enterprise.com

Jewellery 4 Enterprise is a social enterprise born out of my passion to help women in business. The idea was for women to donate their unwanted fashion jewellery to me and I would sell it and use the money to fund grants for women in business. I started my business in a shed shop in Steyning in August 2014.

To raise funds for my first grant I put together an event in September last year which I sold tickets for, invited local celebrities and held an auction and raffle; I managed to raise my first £500 for in September 2014. I presented this to a local businesswoman who makes her own skincare, but in order to be able to sell it in a shop she needed to get the creams certified safe; I’m pleased to say she used her grants for this and is well on her way to growing her business.

I still wanted to do more to support local small businesses so decided I would attempt to raise funds to open a gift shop with a difference on the high street. The gift shop would rent low-cost shelving units to other small businesses and 10% of the overall sales would be reinvested back into the community to support local independent charities and community projects. To do this, I crowdfunded and raised over £5,000 for the costs required to secure the shop, which is due to open on 7th February, and will provide high street space to 12 other small businesses.

Jeanette Compton is director of Jewellery 4 Enterprise

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