In a letter from Cabinet Secretary for Finance Kate Forbes, the Scottish Government have confirmed that the following funds will be live in January 2021. Read the full letter here
In addition, the below funds are due to go live in February 2021:
Second round of the Grassroots Music Venues Stabilisation Fund and is intended to prevent music venues from closing permanently before end June 2021. The fund is for applications of between £10k and £70k.
It is open to 2 groups:
One-off grant payments of £1,500. This support is separate from and in addition to any other funding received from the Scottish or UK Government, for example the Self-Employed Income Support Scheme and the COVID-19 Public Transport Mitigation Fund.
Eligible if you are a taxi or private hire driver and have been licensed from 9 October 2020 to at least 31 January 2021. This does not include drivers whose licenses were suspended on or before 31 December 2020 and that remains current and valid.
You do not need to apply – your local authority will get in touch with you by letter, email or other communication method from week commencing 18 January.
Pivotal Enterprise Fund [Open for expressions of interest to Monday 18 January, 5pm]
The Pivotal Event Businesses Fund has been established to provide financial support to event businesses critical to Scotland’s events sector and without whom our capacity to deliver major events would be significantly reduced.
The £6 million fund is being delivered by VisitScotland on behalf of the Scottish Government and is open to event businesses whose primary role as organisers, suppliers, contractors and venues is critical to the survival of the events sector in Scotland, and upon whom the wider events industry and supply chain are most reliant for their own business and operations.
Funding will be prioritised towards those businesses that can evidence and demonstrate they play a pivotal role across the events industry in Scotland and are in financial difficulty as a direct result of COVID-19. Applicants can apply for grants from £25,000 up to a maximum £150,000, and the amount applied for should demonstrate financial need and will require to be evidenced at the application stage.
A significant top-up to the grant support available for hospitality, retail and leisure businesses across Scotland closed by level 4 restrictions will be paid following an announcement by Finance Secretary Kate Forbes (11 Jan).
In addition to the grants businesses receive through the Strategic Business Framework Fund, eligible businesses will also get a one off grant of:
In most cases, eligible businesses that have already applied for the 4-weekly payment from the Strategic Framework Business Fund will get an automatic top-up. For the majority, this top-up will be combined with the next tranche of payment for the Strategic Framework Business Fund due to go to businesses on 25 January.
Businesses that haven’t yet applied for either of these funds should submit an application as soon as possible through their local authority website. Applications are now open.
£185m business support [To launch January 2021]
The Finance Secretary Kate Forbes MSP announced an additional £185m business support package to take effect from January.
£1.5 million for visitor attractions
COVID19 – Strategic Framework Business Fund
Following Glasgow and the wider city region moving into Level 4 restrictions, please see below a list of business sectors which are now eligible to apply for the Strategic Framework Business Fund along with application links to local authority websites.
Temporary closure grant - £2,000 or £3,000 (depending on rateable value) if your business is required to close by law
Business restrictions grant - £1,400 or £2,100 (depending on rateable value) if your business can remain open but is specifically required to modify its operations by law, for example having to close earlier than normal.
Local authorities applications
All Scottish employers, including SME's can now access training up to the value of £5,000 to support the retraining and upskilling of employees, delivered by Open university.
Culture Collective Fund [FUND CLOSED]
Support for nightclubs and soft play [Businesses eligible for the Nightclub and Soft Play Area fund will have now been contacted directly by Glasgow City Council via email]
Coronavirus restrictions fund (Scottish Government) [FUND CLOSED]
£14 million Hotel Recovery Programme [FUND CLOSED]
Culture and Heritage Emergency funding [FUND CLOSED]
£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]
Further information at https://findbusinesssupport.gov.scot/coronavirus-advice