What are the eligibility criteria for applying?

• Ltd Co’s / Social Enterprises / Charities - Your business has been Incorporated at Companies House / OSCR

• Ltd Co’s only - A minimum of 50% of the business ownership is attributed to Directors actively working in the business on a day-today basis

• Sole Trader businesses can only apply for one of the grant awards (Young EDGE or Wild Card). They cannot apply for any other category due to the loan element.

• Your business has been in operation for less than 5 years. Your founding date can be longer than this period, but the date at which you first starting trading cannot.

• Your business is head-quartered in Scotland and key business leaders must be resident in Scotland (min 50%)

• Key business leaders have not won a main Scottish EDGE (Loan + Grant) award in a previous round either with this business or a different business (Previous Young EDGE or Wild Card EDGE winners can apply)

• With support, your business has the potential to achieve new/increased cumulative sales of £200,000 over the next 3 years.

• Current annual turnover does not exceed £1m and/or the business has not received external investment of £500,000 or more

• Over the next 3 years, with support, your business should be capable of creating new, sustainable Scottish jobs

• Your business is not in administration or liquidation, and your business’s directors or key principals have never been prosecuted for fraud or disqualified from becoming a business director

• For All Non-UK Passport Holders – evidence of your visa status and visa expiry date is required