Enterprising Third Sector Growth and Sustainability Fund
A tender for a new Enterprising Third Sector Growth and Sustainability Fund has been released by the Scottish Government and is currently in the procurement process. It is thought the Fund will have categories for organisations, less than one year old, who are ready to develop or grow; organisations over one year old who are ready, with plans in place, to develop further and organisations over one year old, who are ready, with plans in place, to diversify, develop new products or enter new markets.
It is expected the new Fund will be launched and promoted later this year but there is likely to be a strong emphasis on demonstrating you are investment ready and have received business support. Potential Fund applicants should be thinking soon of engaging with a business support provider in preparation for the launch of the Fund. If you are not currently engaged with a business support provider now might be the time to contact and discuss potential ideas with the Scottish Government’s Business Support for the Third Sector Programme (Just Enterprise), HIE, Scottish Enterprise, Business Gateway, or another independent source.