IMPORTANT
Due to the current Coronovirus pandemic, we have taken the difficult decision to close to new applications for the foreseeable future, in order that we can concentrate our limited resources on our current investees. We will regularly review this decision and seek to reopen to applications as soon as can.
Start & Grow investment offers between £10,000 and £60,000 and is available to social enterprises, community organisations and charities to start-up, develop and expand their enterprising activities.
Key Features
- Start & Grow investments are usually one third grant and two thirds loan split.
- Loans are repayable over up to five years (flexible terms can be agreed) and are charged at a fixed interest rate of base rate (currently 0.75%) plus 6%.
- Investments can be used for both revenue and capital costs (including set-up costs).
Your application must demonstrate that, as a result of our investment, your business will make a difference in the community in which you work, whilst meeting the charitable objects of Resilient Scotland.
