Scottish Government appoints Social Investment Scotland to manage the £30 million Scottish Investment Fund

The Scottish Government has appointed Social Investment Scotland to manage the £30 million Scottish Investment Fund.  The fund will make investments throughout an initial three-year period and will provide individual social economy organisations with funding packages that comprise a mix of loans, risk capital and non-repayable strategic investments.  

Investments will be available to established social economy organisations that have been trading successfully, generating income other than grants, for at least three years.

The fund will open for business on 1st September 2008 and investment proposals will be considered from that date onwards.