Details

Step Up is a repayable funding programme for early and growth stage social enterprises (less than six years old) that require financial support to strengthen and sustain trading.

The fund is specifically aimed at social enterprises that want to repeat or scale ideas that have previously delivered revenue growth for their business.

Step Up provides awards between £5,000 - £30,000 through a 0% interest loan. Please see the fund guidance document for more information.

Funding can be used for:

• purchasing more stock or equipment
• running marketing campaigns
• hiring a venue for an event or course
• purchasing capital items e.g. vehicles
• hiring/training staff

Premium information is available exclusively to SCVO members and supporters

Geographical areas funded: Scotland

Fund type

Type of funding:

Loan

Type of cost:

Capital, Revenue, Core costs

Fund award sizes

Minimum:

Premium information

Maximum:

Premium information

Notes on award amounts:

Premium information

Who can apply

Social enterprises with:

• a registered office in Scotland
• operating primarily for the benefit of people or communities in Scotland
• asset-locked constitution and registered with Companies House, OSCR, or the Mutual Public Register.
• business bank account in the name of the social enterprise
• a board of directors/trustees, of who no more than half are related to one another or employed by the enterprise
• incorporated for less than six years
• evidence of successful trading and the potential to become financially sustainable
• evidence of the direct, measurable social or environmental impact it has delivered

When to apply

Apply at any time.

Step Up will be closed between 15th and 31st December every year and no decisions will be taken in this period, but you can still apply.

How to apply

Complete an online application form along with supporting documents (see fund guidance).

You will hear about the outcome within 3 weeks.

Contact information

Exclusions

Premium information

Activites funded: General charitable activities Organisational development and capacity building

Beneficiaries funded: Voluntary sector organisations

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Last reviewed about 1 month ago