Scottish SMEs cash in on regional selective assistance funding

By SCOTT REID
Published 6th Sep 2019, 06:57 BST
Cyclotricity was one of the RSA recipients during the year. Picture: ContributedCyclotricity was one of the RSA recipients during the year. Picture: Contributed
Cyclotricity was one of the RSA recipients during the year. Picture: Contributed
Scottish Enterprise has hailed a “bumper year” for grant activity with 69 regional selective assistance (RSA) payments worth £24.5 million made to businesses across a wide range of sectors.

The grants relate to projects with planned capital expenditure amounting to £316.4m, which are expected to create or safeguard almost 2,400 jobs.

This year’s £24.5m total represents a 75 per cent increase in the value of grant offers compared to the previous 12-month period.

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