Fife Investment Fund
Last Updated: 29 Nov 2024
Contents
Support provided by Invest Fife Fife Council
What does this involve?
The Fife Investment Fund provides financial support to Fife-based businesses looking to invest in and grow their business or reduce their carbon emissions to reach net zero.
The fund offers a fully repayable grant of up to £10,000, or 70% of the overall project costs (whichever is lower). The terms and conditions of the fund include:
- no interest or any other charges
- an initial payment holiday of 6 months
- up to 24 months to fully repay the grant following the initial payment holiday
The funding can be used in a number of ways, including:
- purchasing plants and machinery
- property improvements
- product development
- process improvements
- training
- market development
This service is funded by Fife Council's Economic Development Team and delivered by Business Gateway Fife.
Am I eligible?
You may be eligible if you:
- are a small to medium-sized business (SME)
- are based in Fife
- can show that the funding will help increase turnover and/or employment in your business, or help it move toward net zero emissions
You'll need to work with a Business Gateway adviser, who will advise if you should apply.
What does this cost?
This is a free service.
Who is this for?
Small to medium-sized businesses based in Fife that aim to invest in and grow their business, or reduce their carbon emissions.
How long does this take?
Applications can normally be approved within a week.
Next steps
Visit the InvestFife website to find out more and contact Business Gateway Fife.
Support provided by Invest Fife Fife Council