Date lodged: 19 June 2017
To ask the Scottish Government, further to the answer to question S5W-02378 by Keith Brown on 28 September 2016, what it estimates will be the proportion of the Scottish Growth Fund that will be in the form of (a) guarantees and (b) loans.
Answered by: Derek Mackay 29 June 2017
The Scottish Growth Scheme will unlock investment through a combination of equity, loans and guarantees. The first tranche of investment under the scheme, The Scottish-European Growth Co-Investment Programme announced on 16 June, will provide an estimated £200m in equity investment. It is not possible at this stage to estimate what proportion of the remaining elements of the scheme will be in the form of guarantees or loans.