DigitalBoost Development Grant – Expression of Interest

Launching in September 2020 the core purpose of the DigitalBoost Development Grant Scheme is to offer financial support to SMEs who will then invest it in digital technology and help sustain and rebuild the local economy across Scotland.

Expressions of Interest closed at 5pm Thursday October 1st 2020.

Guide

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1. What does this involve?

The core purpose of the DigitalBoost Development Grant Scheme is to offer financial support to SMEs who will then invest it in digital technology and help sustain and rebuild the local economy across Scotland.

This fund is currently being made available to businesses that have already engaged with the DigitalBoost programme. If you are interested in receiving a DigitalBoost Development Grant of up to £5,000 then, in response to your expression of interest, your submission will be assessed and if successful, a link will be sent to you via email to make a full online application

  • The fund is to support projects that would help your business to improve its digital effectiveness (e.g. to enhance your back-office effectiveness, initiate or enhance your digital marketing or online trading capabilities, improve your customer relations management or improve your cyber security etc.).
  • The grant would be a matched funding arrangement: We will match £1 for every £1 that you spend on the project you want to carry out. This would be subject to a minimum grant of £250 and a maximum grant of £5,000
  • The grant element of the project needs to be for capital account costs. That means the grant can only be used for buying hardware or software. Your share of the costs could be used for other costs (e.g. consultancy) or for some of the capital account costs.

2. Am I eligible?

You have been selected to have the opportunity to submit an expression of interest for a DigitalBoost Development Grant as you have previously accessed 1:1 DigitalBoost support from Business Gateway. To be eligible your business must still be trading and be based in Scotland.

Meeting the eligibility criteria does not guarantee that you’ll receive funding. Once you’ve submitted an expression of interest form, grant administrators will verify the details you’ve provided and if applicable send you a full application form.

3. What does this cost?

It’s free to apply for this grant. Any funding awarded will be offered as a grant that you don’t need to repay. However, please note that this grant would be a matched funding arrangement: We will match £1 for every £1 that you spend on the project you want to carry out. This would be subject to a minimum grant of £250 and a maximum grant of £5,000.

Any other support offered from DigitalBoost or Business Gateway will also be free – however, to achieve the outcomes set out by the scheme, you are expected to make investments in your business.

4. Who is this for?

Expressions of interest are initially being sought from businesses in Scotland that have received 1:1 DigitalBoost consultancy.

5. How long does this take?

We’re accepting expressions of interest until 5pm on Thursday 1st October 2020.

This is not a first come first served process, all expressions of interest will be assessed.

We’ve outlined the steps for this scheme below.

Step 1
– submit an expression of interest by 5pm Thursday 1st October 2020.
If you’re interested in this grant scheme and are confident that you can invest the awarded funds to meet the criteria set out above, you can submit an expression of interest.

Step 2
– eligibility checks and confirmation.
We will conduct some checks to make sure you meet our criteria and will be in touch to confirm whether or not you can proceed to the next step.

Step 3
– issue full application form.
If your expression of interest is successful, you will be issued a full application form to apply.

Step 4
– offer, award and delivery of support programme.
If your application is successful, Business Gateway will make a formal offer. We will aim to tell you as soon as possible what funding and support you’ll be receiving (including the amount of grant funding) and when it will be delivered.

Step 5
– You purchase the items, submit evidence and funding is transferred to you.
We will transfer the funds to you retrospectively. To claim the funds, you would present receipts along with evidence that the costs have been paid from your bank account. After you have bought the software or hardware – on submission of your grant claim.

6. I would like to be considered for a DigitalBoost Development Grant – what do I do now?

The next step is to complete the short expression of interest form, which you can do up until 5pm Thursday 1st October 2020.

  • You should ideally be the business owner. However, we’ll also accept expressions of interest from verifiable senior members of the management team, as long as you’re authorised to make this application on behalf of the organisation.
  • You’ll need to fill in the expression of interest form if you want to be considered for the scheme.
  • State how much funding you need and what it will be spent on (to a total maximum of £5K per business).
  • How this grant and support will help you to develop your business.

Once you’ve submitted an expression of interest form, you’ll receive an automated email confirmation, and if successful you will be contacted to submit a full application. If your expression of interest is not successful, we will also contact you to let you know.

Thank you for your interest in the DigitalBoost Development Grant. Expressions of Interest closed at 5pm Thursday October 1st 2020. If you have any further enquiries around the grant please contact the support team on 01236 702 125 or email them at enquiry@digitaldevelopmentgrant.org. Opening hours are Monday to Friday, 9am to 5pm.

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