MSP WELCOMES LIFELINE SUPPORT TO HELP BUSINESSES IN FIFE
Published date : 04 May 2020
Mid Fife and Glenrothes MSP, Jenny Gilruth, has welcomed the £100 million package of additional grant support for small and medium sized businesses (SMEs) and newly self-employed people in Fife that is now open for applications.
The three Scottish Government funds will be administered by local authorities and Scotland’s enterprise agencies and will begin to pay out grants in early May.
They include 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.
Commenting after the applications opened to SMEs, Jenny Gilruth MSP said:
“Local businesses and industries here in Fife will be understandably concerned about the impact that coronavirus will have on the local economy.
“These funds are intended to relieve the hardship of smaller firms in Fife that are ineligible for other forms of support – and is just one part of the support the Scottish Government is providing to individuals and businesses in Fife to protect jobs and incomes.”
“This package of support is welcome, and will help alleviate the hardship some individuals and companies in Fife may be facing.
“Applications are now open, and applicants can access these funds and more via the www.FindBusinessSupport.gov.scot website.”
Applicants can access these funds and more via the www.FindBusinessSupport.gov.scot website. All funds will be open for applications by 1400 on Thursday 30th April.