“A Digital Development Loan is provided by the Scottish Government to enhance the digital capabilities of Scottish small and medium sized enterprises. The Digital Development Loan was created by the Scottish Government to provide loans to companies who wish to improve their digital capabilities and processes in areas such as cyber security, data analytics and software engineering. The loan also covers staff digital skills development as part of the Scottish Government’s drive to improve economic productivity.”

Am I Eligible?

  • Located in Scotland
  • Trading 6 months
  • The purpose of the loan must be to improve digital capacity and or capability of the business
  • Over the age of 18
  • Applicants must be a UK resident with the right to work in the UK
  • Business sector must be eligible
  • Businesses must meet the European* definition of an SME in relation to employees, balance sheet and turnover.*European Definition The category of micro, small and medium-sized enterprises (SMEs) is made up of enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding 50 million euro, and/or an annual balance sheet total not exceeding 43 million euro


You may have identified an area which is lacking within your digital strategy.

Maybe now is the time to think about how you implement this and if you need funding.

Applications can be made online here

Lending Policy

  • Minimum Loan Amount: £5,000
  • Maximum Loan: £50,000
  • Minimum Repayment Term: 3 Months
  • Maximum Repayment Term: 60 Months
  • Interest Rate: Fixed at 0%
  • No Fees
  • No Penalties for Early Settlement

Credit History

  • Applications will not be progressed if applicants are subject to formal insolvency such as sequestration
  • Applicants who have defaulted on existing debts may still be considered for the Digital Development Loan if they can demonstrate that they have maintained regular repayments for a minimum of 6 months.
  • Applicants who have discharged Bankruptcies and Trust Deeds are eligible to apply after the discharge date.

Loan applications for the following purposes are not eligible:

  • Businesses or projects involved in gambling
  • Loans for the purchase of property for resale.
  • Loans to substitute the applicant’s own funds.

Content paraphrased from: http://digitaldevelopmentloan.org/