Financial assistance for business is available in Caithness and North Sutherland in various forms such as grants, loans or direct investment.
Highlands & Islands Enterprise - the lead economic agency in the area - will consider applications for financial assistance from businesses with growth potential. Contact the local HIE Caithness & Sutherland team for more information.
Highland Opportunity provides financial investment in private and social enterprises, primarily through low cost discretionary loans, but occasionally through equity stakes or commodity contracts and through match funding the loans made by the Prince’s Scottish Youth Business Trust (PSYBT).
There is also a local fund set up by the Nuclear Decommissioning Authority, North Highland Regeneration Fund (NHRF) which provides pump priming money to new ventures and existing organisations - aimed at bringing to realisation entrepreneurial ideas which will lead to job creation beyond the nuclear industry in the area around Dounreay.
Other organisations such as the venture capital companies will consider investment for growing or start-up businesses.