These grants are awarded through schemes operated by Scottish Enterprise, Innovate UK and the Scottish Government. Your grant applications need to show that you have a cash shortfall that the grant will help. Scottish Enterprise is a non-departmental public body of the Scottish Government which encourages economic development, enterprise, innovation and investment in business. Due to COVID-19, the loan is currently ‘interest free’ and ‘fee free’. Every successful application passed eligibility checks and was able to demonstrate a clear need for emergency funding as well as its vitalness to the economy. For example, the final value of RSA grant you receive is dependent on your business meeting capital expenditure and job creation targets. 2. The Fund was open from 28 January to 25 February 2021 to eligible businesses whose main income comes from the wedding sector, offering grants of between £5,000 and £25,000 depending on turnover. Grants can also come with various terms or conditions. AskBio Awarded £2m Scottish Enterprise R&D Grant to Help Reduce Barriers to Mainstream Gene Therapy. We’re transforming the online experience for users & this site is currently under development. Home > Scottish Enterprise Funding Various grants and funding options are available to businesses of all sizes for research and development, co-investment and technological innovations. Scottish Enterprise grants medtech firm £2.5m R&D grant. The body covers the eastern, central and southern parts of Scotland whilst a similar body, Highlands and Islands Enterprise, operates in north-western Scotland. Need help? As businesses adapt to the new trading environment with the EU, the time has come to retire this website. Improve productivity and employee engagement, Regional Selective Assistance (RSA) grants. Scottish Enterprise has been frequently criticised for giving grants to arms companies. 22 Aug 2012. Based at Scottish Enterprise’s existing call centre in Clydebank, advisers across Scotland will answer questions from businesses related to COVID-19. Innovate UK also offers grants for the development of innovative products and services. Whether you’re looking for a Scottish Enterprise grant or need help accessing and understanding other types of funding, we can help. Find out if your sector is eligible for R&D grants. These grants are designed to encourage businesses to participate in or work on... R&D/innovation funding. 1. In most cases with innovation funding you would apply for the grant and carry out the R&D project on your own. South of Scotland Enterprise (also known as SOSE) launched officially on 1 April 2020 as the new Economic and Community Development Agency for Dumfries and Galloway and Scottish Borders. Scottish Enterprise: A non-departmental public body which encourages economic development, enterprise and innovation in Scotland. Find out if you're eligible for innovation funding on GOV.UK. Business Gateway: Offers advice and guidance to start-up companies and established companies across Scotland. Find out what they do. The Scottish Government said that in recognition of the continuing challenges faced by the sector, a further £10m has been added to the £15m announced in December. i) Highlands and Islands Enterprise received £5,400,000; ii) South of Scotland Enterprise received £3,150,000; and iii) Scottish Enterprise received £36,450,000. It is managed and delivered by Scottish Enterprise and offers discretionary grants with the aim of creating and safeguarding jobs. Continued guidance, support and advice to operate after Brexit can now be found on the Scottish Enterprise website. Scottish airports will get 100% rates relief, as will organisations providing handling services for scheduled passenger flights at Scottish airports. You are given funding if your business is looking to test the feasibility of an idea, or creating a new product or service. Highlands and Islands Enterprise Grants Highlands and Islands Enterprise offers support to businesses based in the Highlands and Islands through its Small Innovation Grant Scheme. Print. Scotland’s enterprise agencies worked at pace with VisitScotland and Creative Scotland to design and deliver this funding via two short-term funds: At SOSE, we administered over £12m of this funding to almost 300 businesses across Dumfries and Galloway and the Borders. The Strategic Framework Business Fund provided grants to businesses required to close by law or to significantly change its operations due to COVID-19 restrictions from 2 November 2020. List of businesses in receipt of the Creative, Tourism & Hospitality Enterprises Hardship Fund grants, List of businesses in receipt of Scottish Wedding Industry Fund grant. The Scottish Government said its funding to Leonardo was to support the “development of the Osprey radar system used … We are an independent, Scottish, membership-led organisation, built and controlled by social enterprises, representing the needs and interests of social enterprise to politicians, policy makers and opinion formers. Scottish Enterprise Interim CEO, Linda Hanna, said: “This is an important investment by an international company at a crucial time for Scotland’s economy. Check out the latest facts and figures from Social Enterprise in Scotland: Census 2019. “On behalf of the Scottish wedding industry, we are delighted that the sector has secured £25 million funding from the Scottish Government. Call Scottish Enterprise today announced the first of a series of grant funding calls to help support economic recovery and stimulate the creation of new green jobs to advance Scotland’s net zero emission ambitions. Business can apply to the Scottish Loan Scheme for loans of between £250,000 and £2 million. You can change your cookie settings in your browser at any time. They work with partners in the public and private sector, and offer a range of grants to support businesses in Scotland. Scottish Enterprise 0141 468 5779 07919 227 836 jennifer.stevenson@scotent.co.uk . Scottish Enterprise (SE) only recently started to process “non-Covid grant applications”, despite funds having been allocated to the agency in April, the Daily Record reported.. Opposition politicians and business leaders have warned hundreds of … We offer collaborative grants for 2-6 companies per project. We’re committed to growing the Scottish economy for the benefit of all, helping create more quality jobs and a brighter future for every region. The fund will be managed regionally by Scotland’s three enterprise agencies – South of Scotland Enterprise, Scottish Enterprise and Highlands and Islands Enterprise. “The pandemic has had a severe impact on Scotland’s wedding sector, and we know that the current restrictions, while entirely necessary in our fight against COVID-19, continue to take their toll on the sector. Scottish Enterprise today announced the first of a series of grant funding calls to support economic recovery and create new green jobs. 1 February 2021. The Fund was open from 28 January to 25 February 2021 to eligible businesses whose main income comes from the wedding sector, offering grants of between £5,000 and £25,000 depending on turnover. Need help? The EIF is a discretionary fund and projects will be assessed on a case-by-case basis … Whatever you think of Scottish Enterprise grants, this funding does not amount to a huge portion of existing public spending in Scotland. Scottish Enterprise Grant. Opposition politicians have reacted angrily, claiming cuts at the taxpayer-funded agency could cripple small businesses and impact on economic growth. This often includes academic institutions. You can change your cookie settings in your browser at any time. 0300 304 8888. As with Innovate UK collaborative projects, Horizon 2020 grants are usually awarded through competitions that focus on specific sectors. Scottish Enterprise Contact: Scottish Enterprise & Scottish Development International Ross Nisbet Direct dial +44 (0)141 468 5726 | Mobile +44 (0)7962 … You would also set the terms and aim of the project. The Scottish Social Growth Fund will be open to new applications and it will provide affordable and flexible loans of … These grants are open to most sectors and are worth £20,000 to £1 million. EDINBURGH, Scotland – November 17, 2020 – San Francisco-headquartered UserTesting, a leading global provider of on-demand human insights to many of the world’s leading brands, today announced it has been awarded a grant of £3.2 million from Scottish Enterprise, Scotland’s national economic development agency.. Scottish Enterprise has announced the first of a series of grant funding calls to help support economic recovery and stimulate the creation of new green jobs to advance Scotland’s net-zero emission ambitions.. The Committee is also looking to hear from businesses who have been unsuccessful in their application to RSA or have received financial assistance from another body. support rural businesses. For example, some innovation grants are only available to companies in technology sectors. 15:33. There are several funding schemes you can apply to (most on a competitive basis) depending on the nature of your business or … US arms giant Raytheon, which makes systems for smart bombs in … This grant is worth £2,000 to £5,000. The grants may state that the funds need to be used to hire new staff, or support an urban regeneration scheme. Scottish Loan Scheme. - your feedback, external link which will open in a new window, will help us to improve it. One prominent source of EU funding is the Horizon 2020 programme for research and innovation. Read Scotland’s Social Enterprise Strategy 2016-2026 and the first practical action plan. For all grants and funding information please click here. The Scottish Government has invested £8 million into the fund, with an additional £1 million from the University of Edinburgh and a commitment of £8 million, pending finalisation of the necessary legal arrangements, from Big Society Capital, a UK-wide social investment company. More. In April 2020, the Scottish Government made available additional grant funding for vulnerable Scottish SMEs which are vital to local, regional and national economies and for tourism, hospitality and creative industry businesses experiencing hardship as a result of COVID-19. Your company may be eligible for a By Design grant to help improve design in your business. The Strategic Framework Business Fund will close to new applications on 22 March. Latest updates. SE provides guidance on the most appropriate grant for you and support you throughout the application process. If you receive an award, you can sometimes use the money in whatever way you want in your business. Available to small to medium-sized enterprises (SMEs) to help you prove your idea, product or service will work. Each application was fully assessed and each applicant was contacted by the relevant enterprise agency to inform them of their decision. The three types of R&D grants are: 1. The project should result in safeguarding jobs in Scotland. Medtech firm EnMovi has selected Glasgow as the location to advance its development of orthopaedic sensors and data analytics after receiving a £2.5 million R&D grant from Scottish Enterprise. Our decisions were based on the agreed criteria of the funds, how pivotal businesses are to our economy, how vulnerable businesses are due to the impact of COVID-19 and how viable moving forward into recovery. Companies will be able to apply for funding from the 18th of May to create jobs that contribute to improving the environment and achieving net zero emissions #ClimateAction #Sustainability. Explore our most popular grants in our Growing your business section. Your company maybe eligible for a Make it to Market grant to help your business make your products ready for international exports. In addition, over £12m issued to around 300 South of Scotland businesses through the Scottish Government’s Pivotal Enterprise Resilience Fund (PERF) and Creative, Tourism and Hospitality Hardship Fund earlier in the year. Each application was rigorously appraised by a team of trained assessors and through the use of an automated system, against criteria set nationally in terms of number of employees, wage levels, impact on supply chains, local communities, and supply to critical sectors, such as the NHS. At present, Scottish Enterprise are offering a grant of up to £5K to small and medium sized companies to fund 70% of the cost of improving business performance through people-centred change in your business. Grants are awards made by national and local government bodies, and some private organisations to businesses. Through the Scottish Loan Scheme, Scottish Enterprise offer loans to businesses looking to grow. Glasgow-based regulatory technology firm Encompass has received a £1.97 million research and development grant from Scottish Enterprise. These grants aim to improve the economy and/or create a positive social impact. Scottish Enterprise: Highlands and Islands Enterprise: South of Scotland Enterprise: Total: Number of grants offered: 1,223: 372: 168: 1,763: Value grants offered: £90,865,000: £19,994,000: £10,933,000: £121,792,000: Average offer: £74,000: £54,000: £65,000: £69,000: Note: 4ᵗʰ August data SEN Bridging Loan Fund – The Social Enterprise Network (SEN) Bridging Loan is a small fund that is capitalised by the investment of people and organisations within the Scottish Third Sector, via the purchase of Community Bonds. Scottish Enterprise is Scotland's national economic development agency. Some economic grants are only available to small or medium sized businesses or businesses who plan to create jobs. The Scottish Rural Development Programme provides money and support for projects run by businesses, individuals and groups to help: create vibrant rural communities. Get in touch with our team of experienced financial readiness experts who can help you secure funding from a range of sources including bank funding, equity funding, and grants. Scotland’s business grants quango is in financial crisis after admitting it has run out of money. Get our free news updates – click link at top of this page. However, the grants available to your business will depend on the sector you operate in, the size of your business, and how you intend to use the funds. Most grants are paid in arrears, which means you need to pay out the expenses and reclaim them later. Types of grants Economic/social. Scottish Enterprise are currently changing their grants and you can sign up for more information on the Scottish Enterprise website. The Scottish Government and its enterprise agencies defended the grants they had given to fish farming companies. Innovation funding can also be linked to development milestones in a similar way. The helpline will also help the Scottish Government identify the current challenges facing businesses. RSA grants are available to businesses in Scotland who want to develop a project in Scotland. Continued guidance, support and advice to operate after Brexit can now be found on the Scottish Enterprise website. GRANTS. SCOTTISH ENTERPRISE 2 We also have a variety of smaller grants, usually part-payment (the intervention rate is between 20% and 50% of total project costs, and is reviewed regularly) for an investment in expertise or a specific service. The Scottish Wedding Industry Fund aimed to help as many businesses as possible operating in the Scottish wedding industry – and their supply chain - to survive the current Coronavirus (COVID-19) pandemic and then restart once restrictions ease, thus protecting jobs. A further Grant Offer Letter, dated 21 May 2020, provided for a further £75,000,000 with the following allocations to each enterprise region: © Scottish Enterprise 2021. Because of its success in stimulating demand for strategic investment, it already has significant commitments for 2021 and beyond. Scottish Enterprise grants. Grants available to Scottish businesses. 20 January 2020. For all grants and funding information please click here. Individual Company 2. We support Scottish companies to find project partners and apply for European funding through Enterprise Europe Network Scotland. Linda Hanna. Almost any business will be eligible for some type of grant. Scottish Enterprise said that the total amount paid out to Chemring in grants over the period 2007 to 2018 was £196,355. These grants are designed to encourage businesses to participate in or work on projects that create new technologies and ideas. The Fund provides commercial funding for renewable and low carbon energy solutions. Grants may have specific deliverables, such as project achievements, and they can have deadlines attached to them as well. 20 January 2020. Scottish organisations can access innovation-related funding from the European Union (EU). 4. Its priorities are: 1. stimulating entrepreneurship 2. strengthening organisations 3. realising market opportunities In April 2017 we launched the first of three action plans for achieving these aims: Building a sustainable social enterprise sector in Scotland: 2017-2020. These are usually won by highly technology-focused companies that operate within the specific sectors. Scottish Enterprise is Scotland's main economic development agency and a non-departmental public body of the Scottish Government.
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