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Business Funding & Business Finance Orkney Islands

Where to find start-up funding.

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Orkney Islands Business Category

Orkney Islands Business Funding

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It wasn't that long ago that borrowing from your bank, friends, or relatives were the only available options if you need to raise money to start your business. How times have changed! Thankfully, a whole new world of 'alternative funding' has emerged.

The government also recognises that start-ups can play their part in the economy as potential tax payers and employers hence the introduction of the Start Up Loan Company. This fund allows you to apply for up to £25,000 per person - Find out more

Can you help start-ups in Orkney Islands?

If so, your logo, company details and link to your site could be here!

If you are based in in Orkney Islands or offer a product or service which could help existing local businesses and start-ups, we would love you to help you reach them. Our aim is to increase the chances of every new business's success by highlighting the help that is available in the area.

You are able to add a free listing or act as our recommended local partner for only £10 per year!

Local partners

We are happy to promote anyone who is prepared to offer friendly support to local start-ups.

Our local partners have been kind enough to help us and are keen to help you too.

Free startup guide

Start Your Own Business in 2021

Download the 2024 edition of our Free guide

An interactive step-by-step guide which also includes all of the most important subjects covered with links to useful articles and relevant contacts.

The idea of starting your own business can be incredibly exciting and who can blame you for being tempted?

However, the sad truth is that far too many new enterprises fail in the early stages. Our aim is to make sure that you don't become one of them.

This guide explains the key start-up subjects in simple English and points to where you can find help and support.

More Information and instant download

Free Funding Report

If you need to raise some money for your new or existing business and would like to know what options are open to you (without any obligation), please complete and submit this simple form.

Request our FREE report which explains all of these 'new' funding choices in simple English.

Your information will be treated in the strictest confidence and that we will not sell/share it with anyone else or bombard you with spam.

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FREE business listing in your area.

We are delighted to promote suitable businesses and organisations completely FREE of charge. Your coverage can contain: logo, company name, brief description, special offers, telephone number and link to your website.

Orkney Islands Sources of Funding

Royal Bank of Scotland
Getting started is often the hardest part Use our checklist below to make sure you consider all areas when starting your business. Then, if you're ready to open an account for your business you can find out about our business bank accounts.
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Bute Enterprise Finance Fund
Bute Enterprise Finance Fund is a charity funded company which provides loans to businesses and organisations in Bute, Argyll, South and North Ayrshire, Inverclyde and Renfrewshire. Finance £10k-£200k is available with flexible repayment terms up to 10yrs. Specific emphasis is placed on businesses that will assist economic regeneration or generate and sustain employment. We can also help borrowers access other types of finance such as government funded start up loans, advise on business plans and support the growth of your business.
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Virgin StartUp Scotland
We're thrilled to now offer startup funding to Scotland. Sir Brian Souter, founder of Stagecoach, Gurjit Singh Lalli, founder of TEDx Glasgow, and Margaret Coughtrie of Investing Women share their reasons why they think Scotland is a great place to start a business.
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Transmit Start Ups
Start Up Business Loans Scotland Providing Start Up Loans in Scotland since 2014 From Aberdeen to Edinburgh, or retail to recruitment, our start up finance is available across Scotland and our loans are open to all industries. So, whatever your business idea, we’ve got you covered. Our Start Up Loans in Scotland range from £500 to £25,000 and are suitable for savvy Scots looking to start their own business and to existing small businesses looking to expand. For businesses from pre-trading to two years’ trading Borrow £500 to £25,000 Competitive 6% interest rate During coronavirus, defer payments for the first three months Find out how much you can borrow with out Start Up Loan calculator. Leading Start Up Loan delivery partner in Scotland Transmit Startups is the leading Delivery Partner in Scotland for the Government’s Start Up Loans scheme, funded by the British Business Bank.
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DSL Business Finance Ltd
We know that starting or growing a business can be daunting, particularly from a financial side, but we are here to help you take that leap and get your business moving forward! Our team of loan experts can offer you the best options to suit your business whilst also providing support throughout the duration of your loan. * Loans up to £50,000 available to enterprises based in Scotland * Face to face pre and post loan support provided * Team of loan experts to guide you through the process * Low cost microfinance options with a competitive interest rate * Tailor made solutions for individual businesses
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Bank of Scotland
We understand the challenges of starting up a new business. We’ve brought together a wealth of practical knowledge and comprehensive guides to help you get off to the right start. When you take the time to plan and prepare your business before starting up, you boost your chances of success.
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Business Loans Scotland
Business Loans Scotland (BLS) is the Fund Manager for a £7 million loan fund, which seeks to invest in new and growing Scottish SMEs. Business Loans Scotland is also the trading name of the Scottish Growth Scheme - Business Loans Scotland Debt Finance LP (SL033447) and is fully financed by the Scottish Growth Scheme and the European Regional Development Fund (ERDF) through the European Structural Funds 2014 - 2020 Programme. BLS aims to ensure that good, commercially viable proposals do not fail from a lack of access to finance. Additionally, we want to support and encourage the creation, development and growth of Scottish businesses, helping them to trade regionally, nationally and internationally. This in turn will help contribute to, and strengthen, the local and national economy in terms of jobs, growth and wealth.
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Government-backed start up loans
Government-backed start up loans are available to help people who want to start or grow a business that is less than 24 months old. The UK Government has already helped over 3,700 companies in Scotland with start up loans. The UK Government has already helped businesses in Scotland with more than £30 million in start up loans. Start up loans are a great opportunity for individuals in need of a personal loan for business purposes to fund their new business. In addition to the loan you can also receive free business support and mentoring to help with starting and growing your business.
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Delivering for Scotland - Start Up Loans
Delivering for Scotland website has details of the Government backed Start UP Loan scheme as it apples to Scotland.
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Local help for startups

There is plenty of help for startups in Orkney Islands but where can it be found?

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