Grants Advisory

SME business owners are often not fully aware of the business development grants available to them, simply because they do not know the right places to look or the right questions to ask. Consilium Chartered Accountants offers grants advisory services to Scottish companies, helping SMEs access the right advice and secure the grant funding they need to grow. 

We support businesses in Scotland and businesses planning to locate in Scotland, with applications to a range of Scottish business grants. This includes Scottish Enterprise initiatives such as:

• Regional Selective Assistance Grants (RSA)
• Research and Development Grants (R&D) and
• SMART Scotland Innovation Grants.

Discover which grant funding programmes could suit your company in our guide to Scottish Business grants. Alternatively, speak to lead Partner Linzi Wilson to learn more about Consilium’s Grants advisory services and our 100% success rate.

Grants advisory services for Scottish SMEs 

At Consilium, our clients expect us to have a good knowledge of the funding opportunities available to them. Whether they are looking at Research and Development Grants for innovative new products or innovation grants, our Corporate Finance team can help them secure a wide range of business development grants. 

Broadly, our grants consultancy service covers four areas: 

• Identifying appropriate sources of grant funding for your business or sector
• Developing your funding proposal
• Building financial models and forecasts in support of your application
• Supporting you through the grant application, award and monitoring stages
• Providing Independent Accountant’s Reports and Post-Completion Monitoring reports as stipulated by the funding body.  

Consilium Chartered Accountants regularly supports clients to access business grants, primarily from Scottish Enterprise. Our team of experts have cumulatively secured over 200 grants for client companies, to a combined value of over £136m. 

Talk to our lead Partner, Linzi Wilson, about how Consilium can provide grant funding advice and support your business development.

How to access grants in Scotland

Consilium provides grant application assistance to a wide range of businesses in various sectors, from hospitality to precision engineering. With decades of expertise, our Corporate Finance team work with clients from end to end on their grant applications. 

We tailor our services to the specific needs of each client seeking funding. However, Consilium’s grant funding advice typically involves:  

• Working with each client to develop an investment plan for funding
• Determining suitable grant funding sources
• Assessing the likelihood of securing a grant from each source 
• Ensuring clients have a clear understanding of the conditions attached to each type of grant 
• Managing the application process on the client’s behalf. 

Reporting services to ensure you get 100% of your grant

After a successful grant award, businesses are typically required to submit claims to draw down grant funds. These often need to be supported by an Independent Accountant’s Report (IAR), which verifies the accuracy of the claim.

Additionally, a Post-Completion Monitoring (PCM) report is often required up to five years after the final drawdown to confirm that the terms and conditions of the grant award have not been breached.

By working with a team of advisors like Consilium, business owners can avoid the time-consuming and complex process of completing PCM and IAR reports. Additionally, incorrectly prepared reports can result in delays in accessing grant funding.

Consilium Chartered Accountants has provided advisory services, including preparation of Independent Accountant and Post-Completion Monitoring reports in support of grant funding applications, with a 100% success rate in funds being drawn down.

Contact our lead Partner, Linzi Wilson, for an informal discussion about grant funding and grants advisory services for your business. You can also review the business grant funding programmes we support clients with.

Grant funding is not just for start-ups

We often find that business owners believe grants are primarily focused on start-ups and early-stage businesses. In reality, grant funding is available across the full business life cycle.  

Consilium Chartered Accountants has the expertise and knowledge to access and, importantly, secure grants to support almost every stage of business expansion and development. Irrespective of the size or stage of your business, Consilium is hugely experienced in providing grant application assistance to SMEs.    

Contact our lead Partner, Linzi Wilson, for an informal discussion about grant funding and grants advisory services for your business. You can also review the business grant funding programmes we support clients with.

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