Escalate is a new fund that offers financial assistance to businesses looking to invest in new products, processes or markets, or potentially looking to expand existing activities where they will lead to increased sustainable employment.
Escalate loans will be interest-free and will be used for specific investment projects (not working capital) which will:
- create jobs
- support innovation (for example by commercialising a new product or process)
- be able to attract additional funding through Escalate support.