New Social Enterprise Growth Fund for Scotland
Howard Lake | 27 July 2011 | News
The Scottish Government is making £4 million available to support a new Enterprise Growth Fund. Grants of between £25,000 and £200,000 will be available to social enterprises and other third sector organisations throughout Scotland that have a great potential for growth and sustainability yet require support now to develop their services and infrastructure. The Fund is being managed by the Wise Group.
The Fund is half of a new programme funded by the Scottish Government to help social enterprises grow and operate more effectively and efficiently. In 2011-12, £4 million will be available across Scotland to help enterprising third sector organisations carry through on ambitious and sustainable business plans. A further £3 million is being put into a Just Enterprise programme for the period 2011-14, which will support social entrepreneurs and third sector organisations across Scotland, part of which will be spent on an online information hub.
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Grants can be spent on improving service delivery, responding to new opportunities, and on organisational capacity building. As well as having robust business and development plans, successful applicants will need to be working with disadvantaged groups, providing services to disadvantaged communities or be providing environmental benefits.
Applications to the Enterprise Growth Fund will not be accepted until late August 2011. If you have any questions about the Fund you should contact the Wise Group on 0141 303 3131 or e-mail
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This piece is an abbreviated version of one of many funding opportunities first published this week at www.fundinginformation.org, the resource for up to date information about new grant making trusts, and new sources of grants, loans and donations for voluntary organisations, charities, social enterprises and the public sector throughout the UK.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.