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 find out more and apply for the Catalyst Fund, go to the Firstport website.