Our monthly newsletter sets out some of the grants and loans available to companies in Scotland as of 6th May 2021. The team at Rubycom are on hand to assist you with accessing funding and completing applications as required. Please get in touch!
Latest News 6th May
The green jobs call aim to support businesses to create and maintain jobs that improve the environment, and to support projects that align to the Scottish Government net zero policies.
Recovery Loan Scheme (RLS) launched on 6 April 2021, provides financial support to businesses across the UK as they recover and grow following the coronavirus pandemic.
https://www.british-business-bank.co.uk/ourpartners/recovery-loan-scheme/
SMART SCOTLAND – R&D Grants
opened 9th April, closing date 30th June – up to £100,000 and 70 %
UK Government announces a £20 million SME Brexit Support Fund
ABERDEEN / SHIRE
https://www.opportunitynortheast.com
Support for local innovation – soft loans, interest free
https://www.aberdeencity.gov.uk/services/business-and-licensing/grant-funding-support
Aberdeen City support
UK wide grant finder search engine (used by local councils)
Invest Aberdeen Covid support – updated regularly
https://www.aberdeencity.gov.uk/services/business-and-licensing/broadband-vouchers-businesses
Broadband Grants
BRASS Grant
- currently closed but expected to reopen Spring 2021
Competitions
Energy & Efficiency
Energy Saving Trust
Building a sustainable future with grants and loans available to improve your energy efficiency.
Scottish Industrial Energy Transformation Fund (SIETF)
Scottish Industrial Energy Transformation Fund (SIETF) funding invitation for the energy efficiency deployment competition which invites industries to deploy energy efficiency technologies at manufacturing or processing sites across Scotland.
Zero Waste Scotland
National Decommissioning Centre
Oil and Gas Technology Centre
We co-invest with industry to diversify our supply chain and create a technology led, globally competitive supply chain for our future net zero energy system.
Aberdeen Renewable Centre
Our research and development base connects and enhances the capabilities of universities and innovation centres locally, across the UK and internationally.
Start-up & Growth
Virgin Start-up Loans
- Up to £25,000 per founder – co-founder plus mentoring support
Start-up Loans
- Up to £25,000
DSL Business Finance
- Up to £25,000 – personal guarantee usually required
UMI Start-up Loan
- UMI start up growth loans – must have positive balance sheet
Business Loans Scotland
- Growth Finance up to £100,000
Digital Development Loan
- Interest free project loans for tech businesses to support digitalisation – typically must be at revenue stage
Business Gateway
- Up to 3 days digital consultancy from Business Gateway
Other
Scottish Enterprise
Scottish Enterprise Assistant Grant
- Regional Selective Assistance for capital project