Coronavirus Business Support Fund

Category: COVID-19EQ News - Posted On: Mar 24 2020

The ‘Coronavirus Business Support Fund’ grants are being administered by local authorities on behalf of the Scottish Government.

Two types of grant are available to ratepayers:

  • £10,000 grant to ratepayers of businesses in receipt of the Small Business Bonus Scheme or Rural Relief. Business with a rateable value up to £18,000 are eligible. You can also get this grant if you applied for Nursery Relief or Disabled Relief but are eligible for the Small Business Bonus Scheme.
  • Retail, hospitality and leisure business ratepayers with a rateable value between £18,001 – £50,999 can apply for a one-off grant of £25,000.

These one-off grants are available depending on the rateable value of your premises and is aimed to keep companies in business and help productive capacity so that they can recover. Their intention is to:

  • Protect jobs
  • Prevent business closure
  • Promote economic recovery.

We ask that businesses contact their local authority website to check their eligibility and apply for the grant. You can follow the direct links to:

  • Fife Council website here
  • Dundee Council website here
  • Perth & Kinross Council website here
  • Aberdeenshire Council website here
  • Aberdeen City Council website here
  • Angus Council website here

To discuss your own circumstances or for help with the application process, please contact your usual EQ contact. You can find our up to date contact details on Our People page.