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Two groups
in the South of Scotland are to receive European funding to develop their
business support services.
This funding will be a welcome boost for business
growth in the South of Scotland.
 Two
groups in the South of Scotland are to receive European funding to develop
their business support services.
Deputy Minister for Enterprise and Lifelong Learning Allan Wilson announced
that more than £200,000 will be given to LINC South to support locally based
business angels and to Mini-MOLI, a mobile learning group.
The Minister said:
“This funding will be a welcome boost for business growth in the South of
Scotland.
“LINC South will assist fledgling companies and give them the support they
need in a competitive environment.
“Mini-MOLI’s Mobile Learning Initiative will undertake a programme of visits
to small businesses throughout Dumfries and Galloway with a view to
demonstrating the ways in which technology can benefit their business.
“I am sure that these services will become valuable to the area’s businesses
and I am delighted to announce today’s funding.”
NOTES:
1. The funding given to LINC South is for a six month extension to the
project, to provide developmental and delivery support to emerging locally
based business angel groups in the Programme Area thereby improving access
to finance for high growth SMEs. The support will be enhanced by the
availability to potential investee companies of a specialised Investment
Facilitation Grant. Similar schemes are operating within the Strathclyde and
Eastern Scotland areas. The original project costs were £169,719 with an
ERDF grant of £84,859. The project has requested a 6 month extension and
will receive an increase of £25,849 in ERDF assistance.
2. Funding for Mini-MOLI will contribute to the revenue costs associated
with the creation and running of a mini mobile learning facility throughout
the Dumfries and Galloway area. It is a customised vehicle specifically
purchased by Dumfries and Galloway College and equipped with satellite
access to broadband communications via a range of laptop computers and
related equipment. It will enable the college to reach the parts of the area
that the larger MOLI cannot reach. The Mini MOLI will undertake a programme
of visits to small businesses throughout Dumfries and Galloway with a view
to demonstrating the ways Information and Communication Technology can aid
economic development within the context of the business concerned. The
project will demonstrate to businesses the ways in which IT, the internet,
business software and related technology can be used to improve business
competitiveness. The project has total eligible costs of £162,933 and is
being granted £81,466 of ERDF assistance.
3.
Contact: Stuart Lewis: 0131 244 2682
Internet:
www.scotland.gov.uk
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