NEW PACKAGE OF SUPPORT FOR BUSINESS WELCOMED
Ms Roseanna Cunningham MSP, Member of the Scottish Parliament for the Perthshire South & Kinross-shire constituency, has welcomed a £100 million package of additional grant support for small and medium sized businesses (SMEs) and newly self-employed people.
The support package consists of three separate funds which will be administered by local authorities and Scotland’s enterprise agencies. They are open for applications today and will begin to pay out grants in early May
The three funds are a £34 million hardship fund for the newly self-employed, a £20 million fund for small and micro enterprises in the creative, tourism and hospitality sectors and £45 million for viable SMEs crucial to the Scottish economy which are vulnerable.
Ms Cunningham said:
“This new package of support will be particularly welcomed by those running businesses which have not been covered by earlier announcements.
“People who became self-employed since April 2019 and are, therefore, ineligible for the UK scheme and those who are involved in small and micro businesses in the creative, tourism and hospitality sectors and are not in receipt of business rates relief, will now be able to get help.
“I am really pleased that the Scottish Government continues to listen to businesses and find ways to extend support. I would encourage anyone in my constituency who is in need of support and thinks they might be eligible to apply as soon as they can.”