Funded by Fife Council and delivered by Business Gateway Fife, the Fife Investment Fund provides financial support to Fife-based small to medium sized businesses looking to invest in and grow their business or progress towards Net Zero.
The fund provides a fully repayable grant of up to £10,000 or 70% of the overall costs of the project being undertaken (whichever is lower) with the following conditions:
- No interest or any other charges
- An initial payment holiday of 6 months
- Following the repayment holiday, up to 24 months to fully repay the grant
There are a number of ways the fund can be used including:
- Purchasing plant and machinery
- Property improvements
- Product development
- Process improvements
- Training
- Market development
Applicants should be able to demonstrate that the support will lead to increased turnover and/or employment for your business, or help it progress toward net zero emissions. Applications are submitted at the discretion of your Business Gateway Adviser.
Contact Business Gateway Fife at success@bgfife.co.uk or on 01592 858333 to find out more.
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