Access to finance is a crucial issue for businesses across Scotland, and the Highlands and Islands is no exception. We have actively built relationships with all the major banks, aimed at improving mutual understanding and ultimately encouraging greater investment in ambitious growth businesses across the region. To deepen relationships further, bank secondees have joined HIE and will work directly with our account managers.
HIE will work with colleagues in the Scottish Government to establish a Scottish Business Development Bank. We will also continue to promote HIE's own role as a potential source of funding for businesses and social enterprises, as well as a provider of information and advice, and facilitate access to national funding sources including the Scottish Investment Bank.
We have prioritised support for social enterprises wishing to grow and have made investment rediness advice from social investors and banks available for our account managed social enterprises.