North Highland Regeneration Fund

North Highland Regeneration Fund The North Highland Regeneration Fund works to support small businesses within the Caithness and Sutherland area.

North Highland Regeneration Fund (NHRF) is a company limited by guarantee set up by the Nuclear Decommissioning Authority (NDA) to assist in the discharge of the NDA's socio-economic functions. The NDA's socio-economic vision is to "To support the creation of dynamic, sustainable local economies for communities living near our sites." NHRF operates independently of the NDA but adheres to the same

principles. To-date the NDA has given the fund £1.8M to provide loan funding to complement other existing sources of funding for small businesses. This initiative is designed to pump-prime both the start-up of new ventures and the growth of existing businesses as part of the drive to replace the jobs that will be lost in the area as the Dounreay plant is decommissioned. NHRF has been established to consider applications for loans in support of businesses in the Dounreay travel to work area. It is run on behalf of the NDA by Caithness Chamber of Commerce, which provides management and administrative services with respect to the Fund's activities and is contracted to oversee the Fund on a day-to-day basis.

Address

Naver House, Naver Road
Thurso
KW147QA

Telephone

01847 500103

Website

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