ETZ and Scottish Enterprise launch £2.5m Property Improvement Fund

ETZ Ltd and Scottish Enterprise have launched the £2.5m Property Improvement Fund to help upgrade vacant and underutilised premises across Aberdeen and Aberdeenshire.

The fund is designed to tackle the high refurbishment costs that can prevent older industrial properties from being upgraded and limit businesses’ ability to grow.

Delivered by ETZ Ltd and funded by Scottish Enterprise, the scheme will offer funding solutions of up to £500,000 per project, covering no more than 30% of eligible costs.

The fund is part of the wider strategic partnership announced by ETZ and Scottish Enterprise earlier this year, which aims to create more business-ready industrial space and build on the success of a 2024 ETZ pilot.

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