Portsmouth firm puts £20,000 cash pot up for grabs to make a difference

A PORTSMOUTH business is looking to give back to the community by once again offering up to £20,000 to fund projects in the area.

Saturday, 2nd April 2016, 6:01 am
Updated Saturday, 2nd April 2016, 8:26 am
Chloe Hine from Beat the Bullies with Mark Smith from The Car Finance Company and her £10,000 cheque

Groups and individuals can apply for the cash under the Friends in Finance scheme, which is being spearheaded by Mark Smith, chairman and founder of the North End-based Car Finance Company.

The project was launched last year to provide financial support to an organisation, group or individual.

And it proved a huge success, with Havant-based Beat the Bullies, founded by teenager Chloe Hine, given a £10,000 boost.

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Mr Smith, 46, said the projects could be anything from building a playground to funding a public event, anything which would help ‘make Portsmouth a better place’.

He added: ‘We are delighted to see the Friends in Finance community projects award return for a second year.

‘Last year we met some fantastic people and organisations doing their bit for the wider community, it was a huge privilege for us to help them with the very worthy work they do.

‘As last year, we have allocated £20,000 to make a difference in our community and I would encourage anyone with a project or idea to engage with us.’

Applicants can apply for funding of either £10,000, £5,000, £3,000 or £1,000.

To apply for the scheme, download an application pack by going online to:


The closing date for all entries is April 27, 2016.

Finalists will be chosen by the staff at the head office of The Car Finance Company in Portsmouth.

If you have been selected as a finalist, you will be required to present to the judging panel on May 22, 2016.

The winners will be chosen by The Car Finance Company judging panel and awarded their funding in person from Mr Smith at the winners’ breakfast.

One entrant per organisation, group or individual. Applications received after the competition close date will not be considered.

Businesses are not eligible to enter and the scheme is open only to those within Portsmouth and the Fareham, Gosport and Havant boroughs.