2,400 FIRMS SO FAR GET CASH SUPPORT THROUGH CRISIS

For immediate release:

2,400 FIRMS SO FAR GET CASH SUPPORT THROUGH CRISIS

Rutherglen MSP Clare Haughey has welcomed new figures showing that 2,357 businesses in South Lanarkshire have received Scottish Government grants to support firms through the coronavirus crisis.

A total of £26.7 million has been awarded throughout the local authority area through a Scottish Government scheme to support small businesses and the retail, hospitality and leisure sectors. This grant support is worth over £1 billion to business, and is part of a wider business support package worth £2.3 billion.

So that funding can be distributed as quickly as possible, eligibility for the grant scheme is linked to the non-domestic rates system.

Commenting, Clare Haughey MSP said:

“The COVID-19 public health crisis has led to an economic crisis that is global in nature but also local – impacting on many people and businesses here in Rutherglen and Cambuslang.

“This Scottish Government funding is designed to support firms and ensure that our economy is on the best possible footing when we get through this pandemic.

“Our support for business is now worth £2.3 billion, which is more than that received from the UK Government, and actively works to fill the gaps in the UK schemes with tailored support for the Scottish economy.

“I would like to thank the South Lanarkshire Council staff who are dealing with these applications. I fully appreciate they will have been overwhelmed with applications, but they are working tirelessly to get the money out as quickly as possible.”

To apply, visit the South Lanarkshire Council website.

ENDS

Notes:

A £10,000 grant is available to non-domestic ratepayers with properties in receipt of:
• Small Business Bonus Scheme relief (SBSS) or Rural Relief
• Nursery Relief, Disabled Relief, Business Growth Accelerator, Discretionary Sports Relief, Enterprise Areas Relief or Fresh Start but eligible for SBSS

A £25,000 grant is available to the ratepayers of properties in the retail, hospitality and leisure sectors with property with a rateable value between £18,001 – £51,000.

Scottish Government statistics:

https://www.gov.scot/publications/coronavirus-covid-19-business-support-fund-grant-statistics/

Application webpage:

https://www.southlanarkshire.gov.uk/info/200279/support_for_business/1870/coronavirus_business_support_fund

Date publlished: 5th May 2020

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