Qualified endorsement for a single grant fund
There was qualified endorsement of the proposal that
the successor arrangements should operate a single
grant fund. This was seen to offer financial benefits,
both to applicants and organisations, by reducing
complexity, improving effectiveness, lowering delivery
and administration costs and maximising available
resources. This approach was also seen to fit well
with other key Scottish Government policies.
Those that did not clearly endorse the option of a
single grant fund saw benefits in running a system
of both grants and loans. The key advantage of loans
was in recycling funds back into the system.