Businesses looking for financial support for their growth plans could be eligible for a Growing Business Growth Fund grant of up to £10,000. Applicants can potentially access 50% of the costs of their growth project.
If your project costs are higher and you would need to identify additional support to help achieve your expansion, Business Gateway Highland can help identify potential solutions to make your growth plans achievable.
The Business Growth Fund can be used to help your business grow or diversify in various ways, such as:
introduction of new innovative technology products or services that improve performance - these do not need to be unique, but new to your business
premises improvement or expansion related to business
development, new products or services
acquiring capital equipment to enable a more technical or efficiency/productivity enhanced approach
introduction of flexible working or new practices for staff, or enhancing customer services
investment in new systems or processes for operations
As part of the process, you will need to submit a business growth plan with your application. For support with this, contact the local Business Gateway office in Highland.