Ineligible Organisations

SIF will not invest in :-

organisations with little or no track record of generating income other than grants;
organisations that are insolvent or at risk of insolvency;
proposals that seek merely to replace existing debt finance;
subsidiaries of public bodies such as local authorities;
the core functions of support organisations, support bodies and intermediaries - Third sector trading companies which are owned or controlled by these organisations may be eligible;
housing construction and management operations of registered social landlords (RSL)*;
proposals that relate to the on-going delivery costs of services or projects;
proposals capable of being fully funded on a commercial basis; or
organisations whose beneficiaries live outwith Scotland.