It can be difficult to access funding to launch a new product and to realise your business goals.
We have experience of helping our clients and our community access funding. Whether an existing business or a start-up, an SME or sole trader, a community group or a registered charity, there are many options open to you.
The first point of contact for smaller organisations, start-ups and sole traders should be the Business Gateway, who provide general business advice, including accessing funding for new projects and business expansion.
More funding information, applicable to all types of business entity, can be found on the Scottish Enterprise website where you will find a searchable online funding database.
The Digital Boost Funding is available to existing organisations for the purpose of improving business efficiency by enhancing the digital operations of the business and the digital skills of staff. This fund has several funding rounds throughout the year, however, due to huge interest it also closes very quickly each time. To be notified of when the next round opens you can sign up to their newsletter.
The Digital Development Loan is for SME's at least 6 months old and provides loans of £5k - £100k, interest free, with up to 5 years repayment terms and no early repayment fees.
The DDL was created by the Scottish Government to improve digital capabilities and capacity. The loan also covers staff digital skills development and improve economic productivity.
SMART funding supports SME's to undertake Feasibility Studies and Research and Development projects to progress innovative ideas. Up to £100K (70% of project costs) is available for feasibility projects of length 6-18 months.
The British Business Bank provides loan funding up to £25K at 6% interest, with repayment terms up to 5 years.
Crowd funding is becoming a more popular form of funding a new project for those unable or unwilling to go down the usual funding channels.
However, crowdfunding can be a good way to raise finance, with several options available to suit your needs, without necessarily giving away a share in your business. This article provides a good overview of the DOs and DON'Ts of crowdfunding.
Angel Investors may provide the finance you require, however these investors will usually acquire some equity in your company in return. However, the benefits of Angel funding can outweigh the costs. Find out more
The database has transformed how we run our service and has hugely reduced administrative time compared to the old system.
Tayfusion has given us a bespoke booking system... It fits our needs like a glove. Our online presence has been transformed since partnering with Tayfusion.
We will learn and continue to work smarter... Tayfusion's system has made it a lot easier than before. It's a great pleasure working with Mark and his team, hats off to them
We are beyond delighted with the bespoke case management system created for us by Tayfusion.
As a business owner the most important part of working relationships is trust... I trust Tayfusion to not only look after our needs but to develop our website to the demands of changing technology and our clients' needs.
Over the last 15 years, I have worked with Mark and the team at Tayfusion I have found them consistently helpful, knowledgeable and always willing to help answer and develop some of my wilder requests...
Their depth knowledge and skills are excellent and they are always on hand with technical advice... we will look to keep working with them in the future... they would always get our personal and business recommendation
We turned to Tayfusion for inspiration and direction. They not only delivered the goods (and some....) but also a fully functioning database which allows us to target our customers directly... yeah, they are geeks alright, the best kind :)
Our new site is a definite step forward and your after sales support is invaluable... thanks for your continued support