Enterprise Growth Fund

Enterprise Growth Fund
The Wise Group
October 2011

The Enterprise Growth Fund is a Scottish Government Fund. The Fund aims to make strategic investments in ambitious and enterprising third sector organisations across Scotland enabling them to develop, grow and become more sustainable.

A total of £4m grant funding is available and will be distributed by the end of January 2012. The Enterprise Growth Fund will award grant funding of between £25,000 and £200,000.

Funding will be awarded to support the long term development objectives of enterprising third sector organisations across Scotland. The Fund will invest in those organisations that demonstrate the greatest potential for growth and sustainability.

The Fund will invest in:
organisational services and structures in order to support the long term organisational sustainability
development of sustainable income streams leading to long term financial sustainability.
Feedback has now been provided to those organisations that submitted an Initial Enquiry application. If you haven’t received an email regarding your Initial Enquiry application feedback, please advise the Enterprise Growth Fund team
Those organisations that have been invited to submit an Application Form and Business Plan are advised to read the information available here.
The deadline for submitting all completed Application Forms and Business Plans is 12 noon on Monday 7 November.

Our aim is to ensure a robust assessment process for this volume and value of proposals and to deliver a short turnaround for the application, decision and award process.

This will ensure that enterprising third sector organisations across Scotland receive grant sums and can start activity as soon as possible, and no later than 31 January 2012.

We want to ensure that we get the right amount of investment to the right organisations quickly, so it can start making a difference.