Funding delivered by the Scottish Growth Scheme: FOI release

FOI reference: FOI/18/00418
Date received: 9 February 2018
Date responded: 6 March 2018

Information requested

The precise amount of funding delivered by the Scottish Growth Scheme under its original remit as a provider of loans and guarantees. Please note: this is not a request for the amount of equity funding provided by the Scottish Growth Scheme.

Response

The Scottish Growth Scheme (SGS) was launched in 2017, targeting over 3 years, growth and exporting SMEs. It is an umbrella scheme covering a number of financial products: loans; guarantees; and equity funding which to date has provided more than £25.7 million in funding in 28 companies. There are currently no loans or guarantee products specifically introduced under the Scottish Growth Scheme brand. Further activity is expected to be announced over the coming months to expand the range of products.

About FOI

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