Funding Opportunity - Scottish Seed Fund
31st January 2014
Scottish Enterprise has announced that Small and Medium sized companies can access equity finance through the Scottish Seed Fund.
The Scottish Seed Fund (SSF), managed by The Scottish Investment Bank (SIB) is designed to improve the availability of finance for start-up and young growing companies in Scotland. The SSF can invest between �20,000 and �250,000 on an equity basis in early stage businesses that meet the SSF criteria and are keen to grow.
Priority will be given to businesses demonstrating high-growth potential in terms of launching new products, entering new markets and increasing employment. To be eligible for investment from the Scottish Seed Fund businesses must match at least 50 percent of its financing requirements through private sector sources.
Applications can be submitted at any time.
http://www.scottish-enterprise.com/services/attract-investment/scottish-seed-fund/ssf-overview