Scottish Investment Fund
The Scottish Investment Fund (SIF) is a £30 million fund provided by the Scottish Government to be delivered in the current spending review period (2008-2011). It aims to build capacity, capability and financial sustainability in the third sector, ensuring a strong and active third sector reaches its potential and makes a key contribution to the national outcomes of the Scottish Government. In order to achieve this, the fund will support enterprise in the third sector through investment in individual organisations supported by integral business support and management development. It will offer significant investment packages to organisations in order to make a step-change in their capacity, capability and sustainability. It is anticipated that investments will be made in around 60-80 organisations over the period 2008-2011.
SIF will assist established third sector organisations located and trading in Scotland that have been trading successfully, partly through income generation, for at least three years. It will provide a blend of funding options with loan finance a key element of all investments.
Social Investment Scotland is the lead delivery partner and manages the Scottish Investment Fund on behalf of the Scottish Government.
The Scottish Government has appointed Social Investment Scotland to manage the £30 million Scottish Investment Fund which is a programme of long-term investment in the social economy more