The package includes support for the self-employed as well as viable micro and SME businesses. Photo credit: Shutterstock
The Scottish Government have announced that around £220 million of further grants are being made available for businesses – including the recently self-employed.
The package includes a further £100m fund to protect self-employed people, as well as viable micro and SME businesses struggling because of Covid-19.
The fund will be channelled through local authorities and enterprise agencies to target the newly self-employed and businesses who are not eligible for other Scottish or UK Government funding schemes. Applications will be open by the end of the month.
There will also be a £120m extension to Small Business Grant scheme in addition to a 100% grant on the first property, and a subsequent 75% grant on all subsequent properties. Applications will be open by 5 May.
The Scottish Government have asked businesses who do not need this vital help to refrain from claiming additional support unless absolutely necessary so it can be directed to those who need it most.
Find out more on the Scottish Government’s website.