Scottish Government Increases Funding Support

Good afternoon,

Scottish Government Increases Funding Support

In a statement to the Scottish Parliament, the Cabinet Secretary for the Economy, Fiona Hyslop MSP outlined further measures that the Scottish Government are taking to support more businesses adversely affected by Covid-19:

  • Extending the eligibility of the current small business and retail, hospitality and leisure grant to businesses that occupy multiple premises with a cumulative value above 51k;
  • And also to businesses occupying premises such as shared office spaces, business incubators and shared industrial units where the landlord is the ratepayer; and
  • In addition, for those businesses that were ineligible to apply for Hardship Funds because they did not have a Business Bank Account, the Scottish Government will be exploring ways of how to support those companies. Further details will be released later this week.

We shall ensure you are furnished with this detail when received.

Thank you