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2 clusters · 8 sources · 26 days · First seen · Last updated
Economic funding initiatives in Scotland
Overview
Various funding initiatives have been launched to support businesses and economic resilience in Scotland.
In late July, Social Investment Scotland secured £3.5 million from the British Business Bank through the Community ENABLE Funding programme. This capital is intended for loans ranging from £25,001 to £125,000 to assist underserved small businesses, charities, and social enterprises, with an initial pilot targeting several local authorities including Glasgow and Ayrshire.
By late August, the Scottish Government announced a separate £6 million capital investment via the Food and Drink Processing Scheme Scotland (FDPSS). Administered by Scotland Food & Drink, this competitive grant programme provides up to £400,000 per project to 28 businesses. The funding focuses on enhancing productivity and sustainability through infrastructure upgrades, such as advanced cold storage and automated machinery, for various producers across the nation.
Entities
Social Investment Scotland · Stephen Flynn · FUEL · Simon Howie Foods · Scottish Government
Timeline
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18 days ago
[BUSINESS] 8 sourcesScotland food and drink sector receives £6m funding boostThe Scottish Government is investing nearly £6 million into 28 food and drink businesses through a competitive grant scheme to boost productivity, innovation, and infrastructure.
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about 1 month ago
[BUSINESS] 3 sourcesSocial Investment Scotland receives £3.5 million from British Business Bank to fund Scottish SMEsSocial Investment Scotland secured £3.5 million from the British Business Bank to lend £25k‑£125k to underserved Scottish SMEs under the Community ENABLE Funding programme.
Sources
aberdeenbusinessnews.co.uk · bdaily.co.uk · busandcoachbuyer.com · grantfinder.co.uk · lardermag.co.uk · liveshow.cz · scottishbusinessnews.net · scottishcommunityalliance.org.uk