The British Business Bank is set to launch a £150m investment fund this summer, aimed at driving the growth of small and medium-sized businesses in Scotland.
The Investment Fund for Scotland is one of a series of nations and regions funds being launched by the state-owned economic development bank, aiming to deliver £1.6bn to smaller businesses across the UK.
The fund will offer a range of commercial finance options, with loans from £25,000 to £2m and equity investment of up to £5m.