The Catalyst Fund is a new kind of social investment product that support ambitious social enterprises to start and scale their businesses. It offers loans starting at £50K using a flexible, revenue-based repayment model.
The Catalyst Fund is for ambitious social enterprises in Scotland who have potential to deliver significant social impact but are unable to access existing social investment products. For example, start-ups with significant set up costs or scale up costs that need more time to generate income before paying back their loans.
The Catalyst Fund offers a flexible repayment model, this means that you begin to pay back a loan only when you have begun to generate revenue. The monthly repayment amount will be based on the revenue you have earned; on good trading months you will pay back more, on months where trading revenue is lower, you will pay back less.
To apply for the Catalyst Fund, you should attend an information webinar. Check the website for the dates of the next webinars.