Grants for business
When considering business expansion, it is important to talk to an experienced firm of accountants before you commit to any expenditure. Companies based in Scotland, or entering the Scottish market for the first time, can obtain grants for business from Scottish Enterprise.
Dependent upon the nature of your planned expansion, a firm of chartered accountants can help you apply for and, most importantly, secure business grants for a range of investment projects.
Grants for business: which investments are covered?
Subject to eligibility, your business may be eligible for a Scottish Enterprise business grant award. The grant is a contribution towards the costs of expanding your business. In general, grants are awarded for:
- Investments in business property
- Investments in machinery or plant
- Investments that create employment or safeguard existing jobs.
Grants for business: finding the right advisory partner
Businesses can apply for grants from Scottish Enterprise without the support of an advisory partner like Consilium. This option, however, means all preparatory work including writing the grant submission and meeting the strict qualification requirements falls upon the business.
Appointing a firm of accountants takes away the considerable burden of completing the grant application process. Furthermore, working with a specialist grants advisory team can significantly improve the chances of a successful award from Scottish Enterprise.
What do you need to look for in a grants advisory partner? Specifically, they should be able to offer:
- A clear understanding of the requirements of Scottish Enterprise and the ability to tailor your proposal appropriately
- A proven track record in securing grants for businesses, ideally within your industry or sector
- A deep understanding of the Scottish Enterprise methodology and process for awarding grants
- Transparent and cost-effective fees.
Consilium Chartered Accountants: a track record of success
The team at Consilium Chartered Accountants have over 30 years combined experience securing Scottish Enterprise grants for over 200 companies. We are proud of our 100% track record in securing grants totalling in excess of £7m and the positive impact it has made to businesses across the country.
Consilium have developed an efficient process for executing grant applications, ensuring the minimum of disruption to management. We also have well-established relationships with key members of the Scottish Enterprise grants team and a simple fee structure.
For an informal discussion about your investment plans and grants for business, please contact our lead Corporate Finance Partners Linzi Wilson or John Blair.
You can also learn more about Consilium’s grants advisory team and our Business planning, Audit, Tax and Payroll services.
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