Finance by country: Scotland

These support schemes and networks are available in Scotland:

• Business Energy Scotland gives SMEs access to consulting, loans (up to £100,000) and grants (up to £20,000) for energy efficiency and renewable heat measures
• Circular Economy Investment Fund gives SMEs and non-profit organisations matching funds to reduce waste and develop green products
• Domestic charge point funding gives up to £700 toward the installation of an electric vehicle charge point
• eBike loans offer interest-free loans of up to £6,000 for the purchase of an approved electric bike – the repayment period is 4 years
• Electric vehicle (EV) loans gives interest-free loans up to £28,000 to buy a new EV or £10,000 for a motorcycle or scooter – the repayment period is 6 years
• Energy Investment Fund offers loans and investments for commercial and community-based low carbon energy projects
• Find Business Support gives customers an overview of all funding and services offered by public sector organisations across Scotland
• Highland Council Shared Prosperity funding supports these initiatives for SMEs as part of their strategic plan:
  • start-up rate, SME growth and sustainability
  • business development funding & support
  • specialist support for businesses
• Home Energy Scotland offers interest free loans and cashback for energy efficiency and renewable upgrades to a domestic property – maximum loan amount is £32,500 and cashback is £14,000. From Tuesday 27 June 2023, funding for solar PV and energy storage systems will only be available as part of a package together with a heat pump or high heat retention storage heaters. As a result, applications for solar PV and/or energy storage systems only will no longer be eligible.
• NESTRANS Sustainable Travel Scheme gives SMEs and community organizations up to £10,000 in matching funds for sustainable transport initiatives – must be based in Aberdeen or Aberdeenshire
• Private Rented Sector Landlord Loans lets property management businesses borrow up to £15,000 for energy efficiency and £17,000 for renewable systems – interest and fees apply
• Small Business Bonus Scheme provides rates relief to help owners of non-domestic properties, including businesses
• SME Loan Scheme offers interest-free loans from £1,000 to £100,000 to pay for energy efficiency and carbon reducing upgrades – up to £20,000 can be provided as a grant if installing eligible equipment
• Used Electric Vehicle Loan for Business gives interest-free loans up to £20,000 for businesses of all sizes to buy a used electric car, van or moped
• Vehicle retrofits and safe disposal of non-compliant vehicles funds are available from Energy Saving Trust – must be a SME with 9 employees or less and located within 20km of Glasgow, Edinburgh, Aberdeen or Dundee
• Zero Waste Scotland also offers free support and advice for businesses, including a free energy assessment and comprehensive report with actions you can take to reduce emissions