Applications now open for the Events Industry Support Fund

The events sector has been hit hard by the coronavirus pandemic, with many businesses still not yet able to reopen and are facing ongoing financial hardship.

To support businesses in the events industry, particularly those in the supply chain, VisitScotland with development input from the newly formed Event Industry Advisory Group (EIAG), are offering short term relief with the Events Industry Support Fund which will comprise of a one-off grant of £10,000.

Open to the self-employed (through limited company or as a sole trader), partnerships and incorporated businesses who can demonstrate that supply to, organisation of and/or delivery of or to events in Scotland represents their primary source of income and have earned a minimum of £10,000 from the supply to events in Scotland in 2019/20. Applicants must also have a place of business in Scotland and be supplying to events physically taking place here with only one application per business being permitted.

The £6 million fund is open to eligible businesses who have not received Scottish Government sponsored COVID related funding from other schemes and can provide supporting documentation.

Applications are live and open for 14 days, closing on Monday 14 September 2020 at 12 noon, with funds allocated on a first come, first served basis.

You can find the full eligibility criteria and details on how to apply on the VisitScotland website here.

To discuss your own circumstances or for help with the application process, please contact our EQ specialists via info@eqaccountants.co.uk or contact one of our offices.