Scottish Venture Fund

What is the Scottish Venture Fund?

The Scottish Venture Fund invests in companies from startups, early-stage to expanding businesses seeking funding to develop products and/or markets. This fund can invest alongside sophisticated private sector investors on equal terms, up to a maximum of 50% of the total funding package on a commercial basis. Scottish Enterprise is a ‘gap’ funder, so you should seek to maximise private sector investment before approaching us. We can provide from £10,000 up to £2 million, as part of a total deal size typically ranging from £20,000 to £10 million.

Scottish Venture Fund

The following information would be required:

  • details of the private sector funding secured, sources and terms
  • the amount being sought from the Scottish Venture Fund
  • a detailed business plan including key financial information (at least three-year forecasts and historic information)
  • what the funding will be used for

Who is this for?

This is for businesses seeking funding to develop products and/or markets.


To be eligible for investment from the Scottish Venture Fund your company must:

  • Be a commercially-viable business
  • Have, or be in the process of developing a significant operational presence in Scotland which is proportionate to the levels of investment being sought
  • Demonstrate the economic benefits to Scotland that could result from the investment
  • Demonstrate which other funding sources have been explored
  • Fall within the EU definition of a Small to Medium Enterprise (SME)

The fund is not sector-specific but certain sectors may be restricted, including:

  • Real estate/property development
  • Social and personal services
  • Pubs, clubs and restaurants
  • Local services
  • Banking, some financial services and insurance
  • Motor vehicles
  • Nuclear decommissioning
  • Professional services
  • Retail