THE FUND HAS NOW CLOSED - OCTOBER 2011

Welcome to The Scottish Investment Fund

The Scottish Investment Fund is a revolving fund provided by the Scottish Government now in it's second phase, with the first phase seeing £28.8m invested in the period from 2008-2011. In the period from 1 April 2011 - 31 March 2012 a further £3m of investment capital is available. The fund's overall aim is to build capacity, capability and financial sustainability in the Third Sector to help it fulfil its potential and contribute to the overall national outcomes of the Scottish Government.

How will this be achieved?

Social Investment Scotland (SIS) has been appointed by the Scottish Government to be the lead delivery partner of the Scottish Investment Fund. SIS have many years of experience working with the Third Sector, and in managing the Scottish Investment Fund, seeks to help Third Sector Organisations make a transformational step change in capacity, capability and financial sustainability. The fund provides a mix of both strategic investment and loan funding to organisations that are considered to be 'Investment Ready'. For Phase Two of the Scottish Investment Fund we are particularly interested in investments in new, innovative and pioneering models of social enterprise.

Is my organisation eligible?

As the investment fund makes investments that are largely repayable, as an organisation you must be prepared to take on loan finance as part of the overall investment mix. There are no set criteria in terms of how long your organisation has to have been established before applying, however in assessing applications we will look closely at the track record and experience of the organisation, or the principals involved in that organisation. Some experience of generating your own income- other than grants- is key. Investments will be made between £100,000 and £500,000 and applicants will be assessed based on their social impacts, financial viability and sustainability.

To see the full SIF Investment criteria and to check if your organisation is eligible please click here

To learn more about the fund and how to begin the application process please click here

The Scottish Investment Fund is delivered under the European Commission's State Aid General Block Exemption Regulation (GBER). Full details on how these guidelines may affect your organisation are available in the following document, which you should read carefully prior to contacting us and proceeding with your application.  Please click here to download State Aid Document

Phase 2 of the Scottish Investment Fund is now closed
The deadline for applications and business plan submissions has now passed. more
Phase 2 of the Scottish Investment Fund is now open
£3m of investment capital has been made available by the Scottish Government. more
SIF Fund Closing Date
The closing date for applications and business plan submissions will be 5pm on October 14th 2011 more
The full list of investments:
The full list of investments as of 2008-2011: more
An Update from the Investment Panel Chair
From Edel Harris, Chair of the Scottish Investment Fund Investment Panel more
Scottish Investment Fund - Phase One Closure
Phase one of the Scottish Investment has now closed. more

 

Funded by
Scottish Government

Managed by
Social Investment Scotland

Bethany Christian Trust

For 28 years, Bethany Christian Trust has been bringing hope and a future to some of the most vulnerable individuals in Scotland. It is their mission is to relieve the suffering and meet the long term needs of homeless and vulnerable people and every year they help over 4,000 people to find, equip and maintain a home, overcome addictions, and tackle other social and educational barriers so that they can live full and healthy lives.

Deaf Connections

Deaf Connections is the oldest voluntary organisation for adult deaf people in the world. From its centre in Glasgow, it provides a range of specialist services for both deaf and hard of hearing people. These include community care, community health, BME activity groups, mother and toddler groups, hard of hearing programmes and sports and social clubs.

Cornerstone

Cornerstone is one of Scotland's leading providers of social care, employing 1,500 people and providing care and support to over 1,300 individuals with disabilities and other support needs.