Our monthly newsletter sets out some of the grants and loans available to companies in Scotland as of 1st January 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
£46B in new 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
Innovation Fund
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Look for a clear game-changing, innovative, disruptive and ambitious idea leading to new products, processes or services. Funding is R&D up to pre-commercialisation.
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Closes 20th January 2020.
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
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
Scottish Enterprise Assistant Grant
- Regional Selective Assistance for capital project
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