A new £17 million fund launches to support social enterprises.

The money from the Scottish Social Growth Fund will enable social enterprises, charities and voluntary groups to deliver community projects while contributing to the wider economy.

The Scottish Government has invested £8 million into the fund, with an additional £1 million from the University of Edinburgh and a commitment of £8 million, pending finalisation of the necessary legal arrangements, from Big Society Capital, a UK-wide social investment company.

The Scottish Social Growth Fund will be open to new applications and it will provide affordable and flexible loans of between £100,000 and £1.7 million to charities and social enterprises.  The fund will be delivered by Social Investment Scotland, Scotland’s largest not-for-profit providers of loans to the third sector.

 

Contact Us


© Voluntary Action Orkney 2013 - 2017

By using this website you agree to our use of cookies as described in our Terms of Use.

You are here: Home About Us News A new £17 million fund launches to support social enterprises.