£38million Support Package For Early Stage Businesses Announced by Scottish Government
Early stage businesses who have found difficulty with their routes to investment following the COVID19 pandemic are being offered three forms of support by the Scottish Government.
- Grants of up to £50,000 for start-ups plus advisor support for businesses with most potential to grow and attract future investment
- A mixture of grant and investment funding to a maximum of £300,000 through an early stage growth challenge fund to help equity backed businesses
- £10million for Scottish Enterprise’s Scottish Investment Bank co investment funds to stimulate private investment