Applicants must be based in the current Argyll and the Islands Enterprise area - as displayed above
Providing financial or other assistance to new or existing businesses
The purpose of the Trust is to promote rural regeneration – which includes the alleviation of poverty in the Argyll and Islands area - by providing financial or other assistance to new or existing businesses where this can be demonstrated to provide employment and training opportunities. Businesses that provide a new or innovative service are especially welcome.
The Trust is set up in memory of Johnny Noble, Chairman and co-founder of Loch Fyne Oysters who died in 2002. Johnny was a well-spring of innovative ideas and encouraged others with realistic enthusiasm. He was fond of saying that stout oaks grew from small acorns. The idea of this fund is to assist promising acorns. They may be start up ventures, they may be existing organisations needing funds or expertise to develop. The overriding aim is to promote rural regeneration.