From 2 November, firms that are required by law to close will be eligible for grants every four weeks for as long as the restrictions last. Based on rateable values, awards will be for either £2,000 or £3,000.
Businesses which can remain open, but are directly constrained by the measures, will be eligible for grants worth £1,400 or £2,100, again based on rateable value.
Application details will be published when available.
The COVID-19 Restrictions Fund will now provide one-off grants of up to £4,310 to businesses required to close by regulations. For businesses that may remain open but are directly impacted by the restrictions, the maximum hardship fund grant will increase to £2,155.
Additionally, grants of £1,650 will help those firms that are required to close to help meet the 20% employer’s contribution that they are required to pay under the current UK Government furlough scheme.
These one-off grants are for the period until 2 November only and will be replaced by a new system of business support to complement the “levels” approach due to be debated in Parliament next week.
Programme aims to secure up to 3,000 jobs at Scotland’s larger hotels until the start of the summer 2021 tourism season. Eligible businesses can apply for individual grants of up to £250,000 in addition to a suite of wrap-around business support and advice. The Programme will be jointly administered by the Scottish Government’s enterprise agencies and builds on the existing funding and support for tourism businesses through the Creative, Tourism and Hospitality Hardship Fund and the Pivotal Enterprise Resilience Fund.
The Enterprise Agencies (Scottish Enterprise, Highlands and Islands Enterprise, South of Scotland Enterprise and VisitScotland) will begin taking expressions of interest for the Hotel Recovery Programme in late August.
Further information and application details here.
The Scottish Government has announced (28 August) a £59 million funding package including:
The fund will be administered by Creative Scotland.
£6 million fund launched to support the events industry [FUND CLOSED]
Self catering support [FUND CLOSED]
Third Sector Resilience Fund [FUND CLOSED]
£100m business support fund for self employed and SMEs [FUND CLOSED]
£38 Million Support Package For High Growth Companies [FUND CLOSED]