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Scottish Growth Scheme

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.

Techstart Ventures

Techstart Ventures give funding to innovative companies at an early stage of development. You can apply for equity finance of up to £2 million.

Foresight Group

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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