Fife Investment Fund Helps Support Extensive Refurbishment
Townhill is the headquarters of Waterski and Wakeboard Scotland, which has undergone an extensive refurbishment and renovation of its facilities. At a cost of £180,000 the centre has been modernised to provide accessibility for all users – children and adults who use the facility to learn, train, coach and develop skills; as well as the creation of a contemporary glazed extension overlooking the Loch.
Funding, advice and support for the redevelopment project has come from a number of partners including the Legacy 2014 Active Places Fund and the Fife Investment Fund.
Alan Murray, Chief Operating Officer of Waterski and Wakeboard Scotland, said:
“The Fife Investment Fund provided us with a small grant towards the redevelopment of our headquarters, which after 24 years were starting to show their age. We also secured a FIF loan to help with our cash flow. Redeveloping our headquarters was a significant project, which we’ve funded primarily ourselves, so to have this additional income was a huge help.”
Through BGF’s Expert Help, Waterski and Wakeboard Scotland also received an energy review with a number of recommendations, including installing LED lighting and IR heating implemented.
“The savings as a result of installing LED lighting and IR heating throughout the facility were unbelievable. We’re very pleased by the reduction in energy use and the savings we’ve made in such a short space of time.”
For more information on Waterski and Wakeboard Scotland visit their website.
Fife Investment Fund can help with funding to encourage small companies in Fife to invest and grow their business and can help in the following areas – plant and machinery, property improvements, product development, process improvement, training and market development.
Companies eligible for assistance tend to employ up to 50 people in manufacturing, business to business services or tourism. To find out how to apply, and for full conditions on the Fife Investment Fund contact a business adviser by calling 01592 858333 email: email@example.com or visiting our Finance page