Selection Criteria

  • Applicants must have a business or intend to start a business that is located in Argyll & the islands, ie the operating area of Argyll & Islands Enterprise.

  • The business should demonstrate that it will provide employment and training.
  • Loans can be given for any legitimate business activity, eg capital development, working capital, training (training costs and loss of earnings while undertaking training), marketing and so forth.
  • Loans from the Trust will be treated by most public sector funders as private input to the project. Thus the Trust’s funds might be used, for example, as a way of contributing to a capital expenditure project.
  • Special consideration will be given to innovative and environmental projects and those using and promoting the use of local resources.

Applicants must be based in the current Argyll and the Islands Enterprise area - as displayed above