The latest support for Scottish practitioners

A round-up of support for members in Scotland

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New Moveable Transactions Bill in Scottish Parliament

The Scottish Parliament is consulting on a newly introduced bill that will reform the law on moveable transactions in Scotland. This will enable finance to be raised for businesses either through the assignation of claims, or through pledges over moveable equipment eg machinery. This reform has been over ten years in the planning.

We want to hear your views on the benefits or pitfalls of these funding opportunities for Scottish businesses – let us know your experience by contacting susan.love@accaglobal.com.

Join in the #NoWrongPath campaign

During Scottish exam results week (results day is Tuesday 9 August) ACCA will be proud to support the campaign that reassures young people that their school exam results don’t need to define their career. We support people into the accountancy profession no matter their starting point in life. We’d like to encourage members to join in and show your or your firm’s support online.

Scottish SME funds update

  • Used Electric Vehicle Loan for Businesses: Scottish businesses of all sizes can now receive financial support towards the purchase of a used electric vehicle.
  • UMi Debt Finance Scotland: Loans of £25,001 to £250,000 to eligible businesses as part of the Scottish Growth Scheme
  • Techstart Ventures Equity Finance: Equity finance of up to £2m for eligible businesses. It can be used for growth funding, research and development, working capital and capital expenditure.
  • Foresight Scottish Growth Fund: Managed by the Foresight Group on behalf of the Scottish government. It provides equity finance of up to £2m, in rounds of up to £10m, for eligible businesses.

Keep in touch

We really need your feedback so if you can please sign up for our member survey platform, Member Insights Community Registration, or drop Susan a line at susan.love@accaglobal.com.