​Bridgepoint sets up £3m Coronavirus hardship fund


- Last updated on GMT

​Bridgepoint sets up £3m Coronavirus hardship fund

Related tags: Coronavirus, UnitedWeStand

Bridgepoint, the backer of Deliveroo, Burger King, the Azzurri Group and Market Halls, has set up a £3m hardship fund to support charities and communities affected by the Coronavirus crisis.

Directors have contributed a fifth of their annual salaries to the fund, prompting “significant contributions” from other employees, The Times reports​.

Bridgepoint intends to direct the proceeds towards “frontline Covid-19 relief causes” in areas and regions close to its portfolio companies.

The firm said its charitable trust would distribute donations of varying sizes to causes flagged by its employees.

Companies within its portfolio are supporting the coronavirus relief effort.

Burger King has distributed more than 10,000 tons of fresh products to people in need in France and Spain, and in the UK has provided free drinks for NHS, emergency and social care workers

Deliveroo is making 500,000 meals available to NHS workers across the UK with restaurant brands including Pizza Hut, German Doner Kebab, Itsu and Lewis Hamilton’s plant-based Neat Burger working with the company to deliver the free meals.

Meals are being delivered to areas where Deliveroo provides coverage, with customers of the platform able to make a meal contribution to doctors, nurses and volunteers via the Deliveroo app. 

Related topics: UnitedWeStand

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