New Business start up grant scheme launched in Highlands

A new grant scheme has been introduced in the Highlands to help new businesses with their start up costs.  

It is hoped that at least 120 businesses will benefit from a grant - which can be used, for example, to buy equipment or market the new business.  

The scheme has been developed by The Highland Council, Highland Leader Programme, and Highland Opportunity, to help boost the local economy in the wake of the recession by encouraging the start up of new businesses.  It will be reviewed at the end of an 18-month pilot period. 

Delivery of the scheme will be by Highland Opportunity Ltd, the Enterprise Trust for the Highlands, via Business Gateway, the first point of access for information and advice on all services to business and social enterprises in the Highlands.

Councillor Ian Ross, Chairman of the Planning Environmental and Development Committee, said the scheme was introduced in recognition of the high demand from the business community for development or start up finance.

He said:  “Many new businesses experience difficulties with initial cash flow or with bank finance at the current time so this new scheme will be of significant help to them as we come out of recession.  It is a fundamental part of the package of support that we can offer to help boost our local economies.”

Councillor Helen Carmichael, Chairman of Highland Opportunity Ltd, said the grant scheme can be accessed via Business Gateway and applicants will be assured of a quick turnaround. She said: “The grant will be part of a wider package of support that Business Gateway can offer.  It is available to all new starts in the Highlands. Funding will be given on the basis of a sound business plan and need. We are grateful to the Council and Leader for financing this scheme.”  

Those interested in applying for a grant should contact call Business Gateway on 01463 713889, or contact their local adviser. 

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