The new financial tools supporting those hit hardest by Covid

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Evenbreak, another social enterprise, which is run by and for disabled people, created a “career hive” in February this year especially for those looking for new or better work. Jo Kerr, director of impact and innovation at Turn2us said: “Our digital grants platform enables people in financial hardship to apply for support more quickly and securely, receive a grant decision sooner and get on a faster road to financial recovery.” Students and young people have also been one of the worst affected groups. Daryll Morrow, founder of Udrafter, said: “Our automated online technology is targeted to help young people studying or recently graduated from higher education at college or university in the UK, with a particular focus on those whose employment status has been badly impacted by Covid-19.” The companies here are just some of those shortlisted in Nesta’s “recovery challenge”, a project started last year to improve access to work for people hardest hit by Covid’s economic effects. Tris Dyson, managing director of Nesta Challenges, said: “There is an urgent need to get people back into work as soon as possible and prevent this becoming entrenched with all the mental and financial consequences that job insecurity brings.