The Scottish Growth Scheme is a package of financial support of up to £500 million for Scottish businesses. It's backed by the Scottish Government and aims to help businesses grow.
This funding will be provided through a series of initiatives which businesses can access for investment.
The following initiatives are currently open for applications:
Loans and equity finance from fund managers
Small and Medium Enterprises (SMEs) in Scotland can apply for:
- debt or loan finance of up to £250,000
- equity finance of up to £2 million
This funding comes from the Scottish Government.
Businesses can apply to the following fund managers:
UMi Debt Finance Scotland Ltd
UMi Debt Finance Scotland are an employee-owned business in Coatbridge. You can apply to them for loans of £25,000 to £250,000.
Business Loans Scotland
Business Loans Scotland is owned by Scotland's local councils. You can apply to them for loans of £25,000 to £250,000.
Foresight Group are an infrastructure and private equity investment manager. Foresight invest in established companies with high growth potential. You can apply to them for equity finance of up to £2 million.
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