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Find out if you qualify for financial help
East Ayrshire businesses who have identified business growth projects through the beReady programme or who wish to undertake training or accreditations or attend trade events can apply for grant support.
All East Ayrshire businesses can apply for up to 40% of project costs, up to £1000, within a 12 month period. There is a minimum grant value of £500, i.e. your project value must be in excess of £1250. To apply for further grant support, the business must be able to evidence growth either in turnover or staff or in new products or new markets.
For businesses who meet certain criteria (in relation to turnover, staff, sector and export activity) funding of up to £15,000 may be available within a 12 month period.
Grants are not available for capital expenditure or property related costs.
Approval must be sought in advance of committing to a project. Retrospect applications will not be accepted. Grants will not be paid where evidence shows payment has been made to a supplier in advance of project approval.
All applications, with the exception of trade exhibitions, will require three quotes to be submitted to ensure the business is securing best value. The lowest quote does not have to be accepted.
For trade events, only international travel will be supported. One return flight per business will be supported. No UK travel costs will be supported. One hotel room per business will be supported. No additional travel or subsistence costs will be supported. Stand costs or attendance at a trade exhibition for one person will be made. Attendance at any given trade event will only be supported once, i.e. grant support will not be made year on year.
If you wish to apply for grant support please email beReady@east-ayrshire.gov.uk
West of Scotland Loan Fund provides loans of up to £100,000 to new or existing businesses. It is designed to fund viable business projects as an alternative to commercial funders like banks.
Prince’s Trust Youth Business Scotland supports young people aged 18 to 30 years old, by providing funding and mentoring to help them start or grow businesses. Loans of up to £5,000 and grants of up to £1,000 are available.
If you are looking for investment that will directly result in the creation or safeguarding of jobs, Regional Selective Assistance (RSA) may be for you.
RSA is a discretionary grant scheme, so there are a number of criteria to be met for an application to be successful. The amount offered depends on the size of your business, location of the project and our assessment of how much is needed for the project to go ahead.
RSA is administered by Scottish Enterprise. However East Ayrshire Council may be able to provide assistance with the preparation of an application so in the first instance please contact 01563 578304.