Businesses working out of offices to rent in Edinburgh may be some of the enterprises that could receive part of a substantial investment package.
The Business Growth Fund was launched less than a month ago by the British Bankers' Association and the government and has funds of £2.5 billion.
Now, investment in ten businesses is already being considered.
It expects to find hundreds of British companies that require long-term funding and is willing to give between £2 million and £10 million in exchange for a share of over ten per cent.
As it is only available to businesses with an annual turnover exceeding £10 million, it hopes to address a long-term problem medium-sized enterprises have experienced in finding funding.
The Forum of Private Business' senior policy adviser Alex Jackman called it a "welcome step that is long overdue," but stated that most businesses will not have access to it.
"We cannot allow this to overshadow the real problem - the lack of affordable lending being made available by banks to start-ups and other small businesses," he concluded.
