Further business support opens to applications

The second phase of the Small Business Grant scheme is now open for applications.

The second phase ensures that – in addition to existing grants of £10,000 or £25,000 for the first property – businesses may now qualify for grants of £7,500 or £18,750 on all subsequent eligible premises.

In addition, retail, hospitality and leisure properties with a rateable value up to £18,000 that do not qualify for the Small Business Bonus Scheme, may now qualify for Small Business Grants.

These enhancements, announced in April, are worth an estimated £120 million extra to businesses in Scotland.

The Small Business Grant Scheme is being administered by local authorities. Businesses can get information on how to apply via their local council.