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Scottish Government announced additional £100m fund for businesses impacted by COVID-19

Economy Secretary Fiona Hyslop’s has announced that the Scottish Government’s additional £100m fund for businesses impacted by COVID-19 will open for applications this afternoon.

Companies will be able to apply via the national partnership website https://findbusinesssupport.gov.scot/

This grant funding has been divided into three distinct funds:

  • The Pivotal Enterprise Resilience Fund – a £45m fund for viable but vulnerable SME firms who are vital to Scotland’s economy.
  • The Creative, Tourism & Hospitality Enterprises Hardship Fund – a £20m fund for small creative, tourism and hospitality companies not in receipt of COVID-19 business rates relief.
  • The Newly Self-Employed Hardship Fund – a £35m fund for newly self-employed facing hardship through £2,000 grants.

In a collaborative approach, Scottish Enterprise, Highlands and Islands Enterprise and South of Scotland Enterprise will deliver both the Pivotal Enterprise Resilience Fund and the Creative, Tourism & Hospitality Enterprises Hardship Fund, with support from Creative Scotland and VisitScotland.The Newly Self-Employed Hardship Fund will be delivered by local authorities. Links to individual local authority applications are available

here.

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