RSA is available to limited companies, sole traders or partnerships, whether your business is based in Scotland or you intend to locate here. To qualify, your project must meet all of the following criteria:
You must be able to demonstrate that your project needs RSA to proceed as planned. RSA will not be offered if your business is already committed to undertaking the project or if we believe the project would proceed anyway.
For projects that require significant investment in capital expenditure, RSA can provide assistance under Aid for Initial investment. Projects that will create new jobs but involve relatively low levels of capital expenditure can still be eligible for assistance through Aid for Job Creation.
Your project and the underlying business must be financially viable. It must make commercial sense and contribute towards national economic performance. Although we are prepared to take our share of the risks on a project, you’ll have to satisfy us that the venture has a reasonable chance of success.
A few activities may be subject to special EC restrictions on aid. We can advise you on this and answer any queries you have about eligibility when you contact us using the initial enquiry form.