GRANTS/FUNDING

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

Regional Selective Assistance

As an assisted area, Glasgow benefits from a range of further support measures under Regional Selective Assistance, the Government grant scheme to encourage investment and job creation.

For more information:
Tel: +44(0)141 242 8286
E: rsa.glasgowteam@scotland.gsi.gov.uk
www.rsascotland.gov.uk

Innovation Funding

A variety of funding and support is available to help develop your innovative business ideas - the SMART:SCOTLAND grant, Research and Development grants, Technology Strategy Board funding and the Business Transformation Fund.

For more information visit:
www.scottish-enterprise.com/funding-grants/innovation-grants

Scottish Seed Fund (SSF)

The SSF offers investment between £20,000 and £100,000 to start-up and expand young, growing companies.Aimed at businesses which have a high potential for growth by launching new products, breaking into new markets or boosting employment.

For more information visit:
www.scottish-enterprise.com/funding-grants-seedfund

Scottish Co-Investment Fund (SCF)

The SCF is an equity investment fund established by Scottish Enterprise, partly funded the the European Regional Development Fund, to invest from £100,000 to £1 million in company financial deals up to £2 million.

For more information visit:
www.scottish-enterprise.com/funding-grants-coinvestmentfund

Scottish Venture Fund (SVF)

Invests between £500,000 and £2 million, alongside private sector partners, in company finance deals of between £2 million and £10 million.

For more information visit:
www.scottish-enterprise.com/sedotcom_home/grow-your-business/find-money-to-grow/equity-funding

Glasgow4Business Fund
Discretionary grant to support business sustainability.
Tel: +44(0)141 287 7232/7236
Web: Click here to visit the website

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

Supporting Sustainable New Business
New Start Up Grant for businesses under 12 months old.
Tel: +44(0)141 287 572 8336/8484
E: Patrick.cairney@go.uk.com
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.