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.
