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Funding Options

Starting up costs money. You may need to buy tools, products, promotional material, cover living expenses. Funding can come from various sources including personal savings, bank loans and government grants. Different types of funding are explained in Cobra's A Summary of Sources of Finance for Starting a Business​

Mygov.Scot​

Funding opportunities​​ - Search for business funding, grant and loan options available in Scotland.​​ 

​Government Schemes Finance Finder

Find Government-Backed support and finance for business and self-employment.

Funding Scotland

Find funding opportunities from government, lottery and trusts as well as guidance and information to help you prepare for, secure and manage external funding.​

​DSL Business Finance

DSL is a not for profit company that provides business guidance and loans to startup and growth companies

New Enterprise Allowance (NEA)

The Department for Work and Pensions provides extra help to unemployed people who want to start their own business, through the New Enterprise Allowance (NEA).

If a new business needs start-up capital, they may also be able to access a loan of up to £1,000 to help with their start-up costs.

Youth Bus​iness Scotland

Formerly The Prince's Scottish Youth Business trust (PSYBT), Youth Business Scotland is Scotland’s leading charity in providing essential finance and professional support to young people aged 18-25 in Scotland, to run their own business.

The Directory of Social Change (DSC) is an indepe​ndent Charity which provides essential information and training to the Voluntary sector to enable charities to achieve their mission. The library subscribes to two of their databases:

​Grants For Individuals Contains details of grant givers who provide funding for individuals, as opposed to funding for projects or groups of people. Funds are available for welfare and education.​

​Trustfunding All the information you need to make applications to the trusts most likely to fund your cause and increase your fundraising success. This is the first choice for fundraisers and the best-selling trustfunding resource.​ Available in the Mitchell Library​.

​Grameen Scotland Foundation

The Grameen Scotland Foundation can provide loans of initially up to £1000 to help start or expand your business. Click here​ to learn more.