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Enterprise fund reaches out to the region

‘Investing in Enterprise Fund’ comes to D&G

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By Christie Breen
Dumfries and West
Enterprise fund reaches out to the region

UP to £250,000 in funding will be available to social enterprises, community organisations and charities in Dumfries and Galloway.

Foundation Scotland has extended the geographical reach of its ‘Investing in Enterprise Fund’ to include this region.

The fund offers organisations between £10,000 and £250,000 as a blend of grant and loan finance. Up to 50 per cent of the funding is through a non-repayable grant, with the remainder through a loan.

Chris Holloway, head of social investment at Foundation Scotland, said: “We’ve been keen to reach organisations in Dumfries and Galloway for some time now so we are thrilled that through the extension of this fund, we will now be able to work with eligible groups across the local area”

Foundation Scotland has invested over £12.5 million in 72 organisations over the last ten years, allowing socially conscious groups to become more sustainable, grow, and become less reliant on grant funding.

Mr Holloway also said: “We are encouraging all interested groups to visit our website or contact our team directly to discuss your eligibility. We really look forward to working with organisations operating in the area.”

For more information, including details on how to apply for the Investing in Enterprise Fund, visit: www.foundationscotland.org.uk/social-investment

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