Business fund

The fund offers financial assistance for new and small businesses. You can apply for a discretionary grant of up to 50% of a project's eligible costs, up to a maximum of £4,000, towards projects designed to boost sales and increase profit.

In addition to any potential financial benefit - all applicants will work with a dedicated business adviser from Business Gateway who will provide business development assistance.

Eligibility

To be eligible for the fund you must be:

  1. based in the Scottish Borders
  2. a new or small businesses with less than 50 employees
  3. looking to invest and grow your business

How to apply to the fund

To apply for the fund, read the application guidance notes, complete the expression of interest form and return it to either:

  • Scottish Borders Business Fund, Business Gateway, Tower Mill, Kirkstile, Hawick, TD9 0AE

  • the email address contained in the expression of interest form.

Once your expression of interest has been reviewed and is felt to be eligible for support, a dedicated Business Adviser from Business Gateway will provide business development assistance, and then review and submit the completed application to our funding panel for consideration.

No project should start or commit expenditure before receiving approval of funding.

More information

If you have a business growth project in mind, and would like more information on eligibility and guidance on how to apply, please contact the Economic Development team online or call 01835 826505.