About
Join
Log in
Back
15/04/2020

Second Phase of Funding for Business Announced

Cabinet Secretary for Finance, Kate Forbes MSP has announced a second phase of funding for business this morning which, amongst other things, extends the Small Business Grant scheme.

https://news.gov.scot/news/additional-support-for-business

The new package of measures includes £120 million to extend the Small Business Grant scheme to ensure that, in addition to a 100% grant on the first property, small business rate payers will be eligible to a 75% grant on all subsequent properties.

A further £100 million fund is also being made available to protect self-employed people and viable micro and SME businesses in distress due to COVID. This fund will be channelled through local authorities and enterprise agencies to target newly self-employed people and businesses who are ineligible for other Scottish Government or UK Government schemes.

There is no further detail at this time.

Please carry on filling in the ASSC survey

Get the latest from the sector

Stay up to date with our self-catering newsletter

Contact us

membership@assc.co.uk

07379 257749

Follow us

https://www.facebook.com/asscscotlandhttps://twitter.com/asscnewshttps://www.linkedin.com/company/association-of-scotland's-self-caterershttps://www.instagram.com/embracescotland
Terms and Conditions | Privacy Policy