CORONAVIRUS BUSINESS SUPPORT SCHEME
The Scottish Government’s, Coronavirus Business Support Scheme, has paid out nearly £8 million to businesses in the Western Isles. The government has brought forward the deadline for submission of applications to 10 July 2020.
Eligible businesses must ensure that applications are submitted before this date.
The 3 categories of grant are aimed at supporting businesses, through protecting jobs, preventing closure and assisting with recovery:
Small Business – grants of up to £10,000 are available to businesses in receipt of specific categories of rates relief.
Retail, Hospitality and Leisure – grants of up to £25,000 for businesses with properties in these sectors and with Rateable Values in a specified range.
A recent change to the scheme has extended the grants to tenants of ratepayers of business properties, where they can show that a lease is in place, staff are employed and that they have a business bank account.