The Scottish Government is very conscious of the immense impact the present Covid-19 restrictions are having on your business, your employees and your own wellbeing, says Kate Forbes, the Secretary for Finance.  

"We have already introduced a package of business and financial support working with our local authorities and enterprise agencies and I am continuing to review this, driven by business feedback, to ensure that we continue to do all that we possibly can. 

"I know that we have asked a lot from business over the last 10 months. All your efforts have been invaluable at both sustaining as many jobs as possible, and keeping our economy running.

"The First Minister has set out this week that the current restrictions will be in place until the middle of February with a further review taking place on 2 February. We commit to not keeping restrictions in place any longer than is absolutely necessary.

"To enable us to emerge from this situation as soon as possible and reopen our economy, please continue to encourage and enable anyone connected to your business to report symptoms and for employers and employees to follow the public health advice. The more people who have downloaded and activated the Protect Scotland app, the better we can protect and trace people.

"Our economic future relies on protecting the health and wellbeing of all of Scotland. I am grateful for your continued support in working with us to overcome at what we sincerely hope is our final hurdle."

More than a third of overall funding spent on Covid-19 has been spent on business support, she says.

Right now, 90% of all funding announced is live, with some of the smaller schemes due to come on stream in the coming weeks.

Information on all funds available for businesses is available on the Find Business Support website: https://findbusinesssupport.gov.scot/coronavirus-advice

The Strategic Framework Business Fund is the main source of support for businesses as all non-domestic-rated businesses that are required by law to close are eligible for grants, with almost 50,000 businesses across the country currently able to apply.

Applications are made through local authorities. A business only has to apply once and they will then receive the four-weekly recurring grant for as long as they remain eligible:
– temporary closure grant – £2,000 or £3,000 (depending on rateable value) if a business is required to close by law
– business restrictions grant – £1,400 or £2,100 (depending on rateable value) if a business can remain open but is specifically required to modify its operations by law

In addition to the Strategic Framework Business Fund, there are additional funds to target financial support at those businesses and sectors that are not eligible. These are set out below.

The following targeted grant schemes are now live:

  • Taxi and Private Hire Fund
  • Creative Freelancer Hardship Fund
  • Museums Recovery and Resilience Fund Top up
  • Travelling Show People Support Fund
  • Culture Collective Fund
  • Youth Arts Access Fund
  • Creative Communities
  • Sector and Destination Operational and Market Readiness fund
  • Scotland Pivotal Event Business Fund

Funds going live this month are:

Mobile Close Contact Services Support Fund including driving instructors and
hairdressers

  • Newly Self-Employed Hardship Fund
  • Outdoor Tourism Sector Recommissioning Fund
  • Travel Agents Fund
  • Wedding Sector Support Fund
  • Events Industry Support Fund
  • Grassroots Music Venue Stabilisation Fund
  • Brewer Support Fund
  • Indoor Football Centres Fund

Funds due to go live in February are:

  • Tour Operators Fund
  • Visitor Attractions Fund
  • Ski Centre Support Fund
  • Visitor Accommodation Hostels Fund
  • Large (7 or more guests) Self-Catering Grant
  • Exclusive Use Grant Self-Catering

We recognise that some sectors require further support which is why a number of the above funds are now in the second round of funding including the Newly Self-Employed Hardship Fund.