State Aid

All potential SIF investments will be reviewed to ensure compliance with prevailing regulations on State Aid.  

The Scottish Investment Fund is operated under the European Commission General Block Exemption Regulation (EC) No. 800/2008, the Local Government Scotland Act 2003 and the European Communities Act 1972.

Further guidance on State Aid rules will be provided to organisations whose proposals go forward to Stage 2 of the SIF appraisal process but essentially applicants will be required to confirm the amount of public sector funding (including by BIG Lottery) received in the last 3 years either by way of grant or subsidised loan.

Documentary evidence will also be sought in respect of such funding in order that we can be assured under what criteria within the State Aid rules the respective funding was granted.

Further details on State Aid can be found by clicking here.