Scottish grant scheme extended
Small retail businesses in Scotland, which share properties but do not pay business rates, are now eligible to apply for grants, it has been announced.
The extension to the Small Business Grant Fund will apply to firms occupying shared office spaces, business incubators or shared industrial units and who lease the space from a registered, rate-paying landlord. Separately, eligibility has also been extended to companies occupying multiple premises with a cumulative value of more than £51,000.
From yesterday (June 8), eligible businesses will be able to apply to their local authority for grants of up to £10,000.
It has also been confirmed that the Small Business Grant and Retail, Hospitality and Leisure Grant schemes will close for new applications on July 10, 2020.
Andrew Goodacre, Bira’s CEO, said: “Bira welcome this move by the Scottish Government. It has already been done in England and will further help those retailers who have been closed down by Covid-19 and not been able to access the other means of support.”
Read the full statement from Scottish Finance Secretary Kate Forbes here
For grant terms and conditions, or to make an application click here