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The Early Stage Growth Challenge Fund, announced today (10 July 2020) by Economy Secretary Fiona Hyslop, will open to applications on Monday 20 July.
It is part of the £230m economic stimulus package launched by the Scottish Government in June.
The new fund is for successful businesses whose routes to investment and growth have been negatively impacted by the coronavirus (COVID-19) pandemic.
It will be open to applications until Friday 31 July. All eligible applications will be assessed and graded with the highest-graded applicants receiving funding.
Welcoming the announcement, HIE’s director of business growth, David Oxley, said:
“This fund is aimed at firms involved in life sciences, technology and advanced engineering, as well as the emerging space sector. It’s also intended to support companies that have the potential to create jobs and that have a low carbon focus.
“These criteria apply to many companies in our region, so we would encourage them to consider making an application.”
HIE has published a report on its latest survey of a thousand businesses across the region, from a variety of sectors.
Over 2,800 businesses which operate within the Scottish wedding industry have been supported by £25.9million worth of funding to help survive the ongoing Coronavirus pandemic.
Projects that lead the way to a low carbon future, support growth and future industries and enable sustainable communities to thrive in the Outer Hebrides, Orkney and Shetland are set for development
Snowsports centres across Scotland are to share a £3 million funding package to support them through the coronavirus (COVID-19) pandemic.
A total investment of £749k has been confirmed for 15 community-led green recovery projects across the Northern, Western, Highland and Argyll islands.
A new initiative to drive growth in the food and drink sector has been welcomed by HIE
Highlands and Islands Enterprise (HIE) is encouraging eligible businesses in the region to prepare themselves to apply to the Scottish Wedding Industry Fund.
Finance Secretary Kate Forbes has written to businesses today to provide an update on support for businesses during the pandemic.
Latest Highlands and Islands business survey published.
Check your eligibility for Communities Recovery Fund
QR codes providing easy access to latest information on local attractions.
Charlotte Wright, chief executive of HIE, reflects on this week’s meeting of the Scottish Parliament’s Economy, Energy and Fair Work committee
