# New Social Enterprise Growth Fund for Scotland

- Link: https://fundraising.co.uk/2011/07/27/new-social-enterprise-growth-fund-scotland/
- Published: 2011-07-27T08:11:37+01:00
- Author: Howard Lake

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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The Enterprise Growth Fund will provide grants of between £25,000 and £200,000 to
support the long-term development of third sector social enterprises in Scotland.
Grants can be spent on improving service delivery, responding to new opportunities,
and on organisational capacity building. Grants will be given to enterprises with
the greatest potential for growth and future sustainability. The future sustainability
should be in the form of trading or other forms of income generation, with an enhanced
ability to win contracts.

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.

After the grant investment and support from the Just Enterprise scheme, grantees
should also show improved efficiencies and greater social impact.

Further information and how to apply.

Applications to the Enterprise Growth Fund will not be accepted until late August
2011. By that time more detailed application guidance, eligibility criteria and 
other information will be available.

The application process and decisions about grants will be complete by the end of
January 2012 so that the money is available this financial year.

If you have any questions about the Fund you should contact the Wise Group on 0141
303 3131 or e-mail en******************@*************co.uk.

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 en\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*\*@\*\*\*\*\*\*\*\*\*\*\*\*\*
co.uk.**

**_This piece is an abbreviated version of one of many funding opportunities first
published this week at [www.fundinginformation.org](http://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._**

 

 

 

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