Growth & Replication Challenge Launched (Scotland)

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Growth & Replication Challenge Launched (Scotland)

Established charities and social enterprises in Scotland who have developed strategies for growth or replication have until the 3rd April 2017 to register their expression of interest for investment funding of £100,000 to £1 million.

The Growth & Replication Challenge combines bespoke business support with tailored financial backing. Successful applicants will receive professional business support worth up to £10,000 to address issues such as:

  • Governance business planning
  • Product design
  • Specialist skills
  • Financial forecasting
  • Sales & marketing
  • Social impact reporting.

The investment offers:

  • Secured and unsecured investment
  • 13-year fixed rate terms to provide confidence on future costs
  • Patient arrangements (nothing or something to pay for the first 3 years)
  • No upfront fees.

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