Our monthly newsletter sets out some of the grants and loans available to companies in Scotland as of 1st February 2021. The team at Rubycom are on hand to assist you with accessing funding and completing applications as required. Please get in touch!

UK Government Announcement

Ongoing lockdown grants

  • Chancellor announces one-off top up grants for retail, hospitality and leisure businesses worth up to £9,000 per property to help businesses through to the Spring
  • £594 million discretionary fund also made available to support other impacted businesses
  • Comes in addition to £1.1 billion further discretionary grant funding for Local Authorities, Local Restriction Support Grants worth up to £3,000 a month and extension of furlough scheme

Aberdeen + Shire

Opportunity North East

  • Support for local innovation – soft loans, interest free

Aberdeen City Council

  • Aberdeen City support through grant funding

Grant Finder

  • Support for local innovation – soft loans, interest free

Invest Aberdeen

  • Invest Aberdeen Covid support – updated regularly

Aberdeen City Council

  • Broadband grants

Aberdeenshire Council

  • BRASS Grant – currently closed but expected to reopen in 2021

Competitions

Scottish Edge

  • Re-opened December 2020
  • Funding to up £100k split loan/grant

Unlocking Ambition

  • £25,000 Grant. 2nd Cohort in Process

MarRI-UK

MarRI-UK. A collaborative innovation vehicle for UK industry and academia to jointly tackle innovation and technology challenges. We will focus on research and innovation within mid TRL (3 – 7) levels to address the opportunities between “discovery and research” and “commercialisation” of Maritime Technologies and Systems.

Current Projects

1. Application of smart technologies and communications networks to enable the tracking of goods, spares and similar materiel both through and within national borders across the supply chain, to include security, traceability, condition monitoring, etc.;

2. Automated mooring/unmooring, berthing/unberthing and ship services connections (e.g. for recharging batteries, etc);

3. Port scheduling and navigation services for autonomous / lightly crewed vessels to include potential solutions for water space management such as traffic segregation;

4. Integrated Port Operation Centres to include people elements, pilotage of autonomous / remotely controlled vessels linked potentially to smart city infrastructure;

5. Distribution and supply through Smart Maritime Land Operations of zero emission power generation systems, including ships alongside;

6. Preparing Smart Maritime Land Operations for alternative fuelled vessels including aspects such as safety management of operations, bunkering, de-bunkering, local production (e.g. of Hydrogen / Ammonia).

Start-up & Growth

Virgin Start-up Loans

  • Up to £25,000

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

Scottish Enterprise

Energy Efficiency

Scottish Industrial Energy Transformation Fund

  • 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

  • ZERO Waste Scotland Energy efficiency and innovation funding

Export

UK Export Finance

  • Export finance support

People

Interface Online

  • Connecting businesses to academics

KTP Innovate

  • Knowledge Transfer Partnerships

Kickstart Scheme

  • Funding to support 16-24 get into work

Other

Funding Options

  • Business Loan Finder Search Engine

Finance Support

  • Government search engine for all types of finance

Business Support

  • Government search engine for all types of support

If you want to make contact and explore how Rubycom can support your business and Improve Financial Performance please get in touch today.

Get in touch