GRANTS/FUNDING

A wide range of grant/support options are available for potential investors in Glasgow:

Regional Selective Assistance

Regional Selective Assistance (RSA) is the main investment grant scheme for business in designated areas of Scotland (the 'assisted areas').  Most of Glasgow benefits from assisted area status and you could qualify for funding towards an investment project which will create or safeguard jobs.

For more information:
Tel: +44(0) 845 607 8787
E: rsa@scotent.co.uk
www.scottishbusinessgrants.gov.uk/rsa/208.html

Scottish Enterprise provides a variety of grants and funding options to businesses of all sizes for research and development, co-investment and technological innovations.  To find out more information visit:

http://www.scottish-enterprise.com/fund-your-business.aspx

Commonwealth Jobs Fund

The Commonwealth Jobs Fund is a new fund which aims to create 1,000 new jobs in Glasgow by July 2012.  This scheme will be aimed at people aged 18-24 who have been unemployed for more than 6 months and who live in Glasgow.  For more information - Tel: +44(0)141 204 8327 or e-mail commonwealthjobsfund@glasgow.gov.uk

Commonwealth Graduate Fund
Companies in Glasgow are invited to participate in a new £10m scheme to provide 1000 jobs for graduates. The Commonwealth Graduate Fund will pay employers 50% of the salary costs for graduates they take on, up to a maximum of £10,000 per graduate for one year.

Further information available at http://www.glasgow.gov.uk/en/Residents/LearningEmployment_
Training/CommonwealthGraduateFund/

 

Small Business Loan Fund
Access to gap funding for business development.
Tel: +44(0)141 287 7252
E: Business.Support@drs.glasgow.gov.uk
Web: Click here to visit the website

Small Business Bonus Scheme

From 1st April 2009, a large number of small businesses will pay no rates at all under the Small Business Bonus Scheme. You may qualify if you pay non-domestic rates for properties with a combined rateable value of £15,000 or less.
The savings band for eligible properties are:

Combined rateable value of all business properties in Scotland	Small Business Bonus Relief available
Up to £8,000	100%
£8,001 to £10,000	50%
£10,001 to £15,000	25%

The Application Form will only take a few minutes to complete and can be downloaded by clicking here.