Launch of £25m DigitalBoost Development Grant to Aid Scotland’s Economic Recovery
Funding is available to help organisations in Scotland utilise digital technologies and enhance workforce skills.
The DigitalBoost Development Grant has been established to help businesses in Scotland access support to benefit from digital technologies and enhanced digital skills.
Support can cover projects that will:
- Reduce (non-staff) operational costs.
- Improve market share.
- Enable employment to be safeguarded or increased.
- Increase revenues.
- Increase profit margins.
- Improve cyber security.
- Move business online.
Grants will be offered on a 50/50 basis. The minimum grant is £2,500 and the maximum grant is £20,000 (for VAT registered businesses) or £5,000 (for non-VAT registered businesses).
Eligible expenditure is intended to introduce new digital capabilities to a business, including:
- Enhancing digital skills of the workforce.
- Buying software, hardware, IT or digital communications.
- Building an Ecommerce website.
- Developing an app.
- Digital Consultancy costs.
Small and medium-sized enterprises (SMEs) operating within Scotland may apply. They must be registered as a limited company, or registered with HMRC with a unique tax reference (UTR) if a sole trader. Charities, social enterprises and third sector organisations can also apply. All industry sectors are eligible for consideration.
The closing date for all applications is 5 October 2021, however, the scheme may close early if all funds have been exhausted.
(This report was the subject of a GRANTfinder Newsflash.)