Seedcorn Grant Funding
In order to encourage inclusive growth and greater public - private partnership working at a local level, grant funding is available for business groups and local bodies, working in partnership with their local authority, to develop proposals for Business Improvement Districts across Scotland. The grant funding is to support the development of town and city neighbourhoods, tourism and visitor areas, rural areas, business and industrial parks, food and drink and single business sector BIDs such as textile or whisky.
The grant of up to £20,000 is a single payment. Funding for the development of Business Improvement Districts may be limited and whilst all applications will be considered, it is inevitable that some will not proceed to grant or may fail to meet the assessment criteria.
Seedcorn Grants are available twice yearly with the application and award windows being,
1st - 30th June
Award of grant week commencing 1st August
These dates allow for a ballot to take place in September, October and November the following year.
1st - 30th November
Award of grant week commencing 16th January
These dates allow for a ballot to take place in February, March, April, May or June in the following year.
Applications for grant which propose a ballot date outside of the above months as a result of local conditions or sector requirements may be considered separately. The BIDs Project Director should be contacted prior to submission of the grant application.
On the 19th November 2008 Mr. John Swinney MSP, Cabinet Secretary for Finance and Sustainable Growth announced, as an aspect of encouraging economic growth, improved support for Business Improvement Districts in Scotland (BIDS) with an increase in the grant available to business groups and associations, working in partnership with their local authority, to develop proposals for Business Improvement Districts across Scotland.