Raising additional funding for your new venture might not be quite as expensive as you might think. Building on the huge success of its 2007 Entrepreneur Challenge, Bank of Scotland Corporate is maintaining its reputation for being the Bank for Entrepreneurs by launching the Bank of Scotland Corporate £35 Million Entrepreneur Challenge.
In 2008, BoS are looking for established and growing businesses with a minimum turnover of £2 million to impress the judges with their creativity and vision. Each winner will receive up to £5m funding entirely free of interest for 3 years and free of arrangement fees.