voluntary organisations, social enterprises and volunteering
voluntary organisations, social enterprises and volunteering
Making Enterprise Happen
Created: 22/02/2018Making Enterprise Happen
Making Enterprise Happen offers investment packages of between £61,000 and £500,000 to social enterprises, community organisations and charities to develop and expand their enterprising activities. Making Enterprise Happen investments are always part grant and part loan. The split of grant and loan will be negotiated during the assessment process, taking into account the potential social impacts, ability to repay and current State Aid regulations (if applicable). Loans are repayable over up to ten years and are charged at a fixed interest rate of base rate (currently 0.5%) plus 6%.
Resilient Scotland aims to help you to make enterprise happen. Investments have been made for providing key services to local people, purchasing community assets, and shops and cafes bringing vibrancy back to local high streets. No two Making Enterprise Happen investments will be the same. Locally based social enterprises, community organisations and charities are best placed to bring social and economic improvements to the lives of ordinary people, especially in disadvantaged areas.
In order to access the investment you must ensure you meet the eligibility criteria and then discuss your proposal with Making Enterprise Happen over the phone.
For more information please visit the Resilient Scotland Website.