The Investing in Enterprise Fund offers blended grant and loan investment to social enterprises, community organisations and charities working within our 13 eligible areas (see list above). The fund can invest between £10,000 and £500,000 per business; up to 50% of this can be in the form of a grant and the remainder a loan.
The investment can be used for:
Most importantly, the fund is designed to allow you to meet the needs of your business, achieve your vision and secure your future.
Loans are repayable over a period of up to 10 years. Appropriate security must be available for the loan. We will discuss our requirement for security with you during the assessment process.
This fund is made available through the JESSICA (Scotland) Trust, of which Foundation Scotland is the corporate trustee. The JESSICA (Scotland) Trust was established in 2012 with a £15 million endowment from The National Lottery Community Fund (formerly known as the Big Lottery Fund). This fund was previously managed by Resilient Scotland Ltd through their Start & Grow and Making Enterprise Happen programmes.
Social Entrepreneurs Network Scotland (Senscot) is registered as a Scottish charity under Scottish Charity No. SC029210 and as a limited company under Company Registration No. SC278156. Its registered office is at 41 Miller Street, Glasgow.