The Investment Fund for Scotland will deliver a £150 million commitment of new funding to the country.
The fund aims to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across Scotland.
The Investment Fund for Scotland offers a range of commercial finance options with smaller loans and debt finance from £25,000 to £2 million and equity investment up to £5 million. The fund covers the whole of Scotland, including rural, coastal and urban areas.
It is increasing the supply and diversity of early-stage finance for smaller businesses across Scotland, providing funds to businesses that might otherwise not receive investment and helping to break down barriers in access to finance.
The new fund has embedded ESG awareness into its design and will help support the UK economy’s transition to net zero.