Business support grants closing

Business support grants closing Image

BUSINESSES in Dundee have until July 10 to submit applications for financial support from the Scottish Government Coronavirus Business Support Fund.

The scheme is being administered locally by the city council and consists of the Small Business Grant Fund and the Retail, Hospitality and Leisure Grant Fund.

Aimed at helping to keep small and medium-sized companies in business and retaining productive capacity so that they can recover. the grants were introduced to protect jobs, prevent business closure and promote economic recovery.

More than £23.2 million has been awarded to 2025 Dundee businesses since the Coronavirus (Covid-19) outbreak began.

Councillor Willie Sawers, Dundee City Council’s finance spokesperson, said: “The scheme has been a lifeline for many businesses in Dundee during this period of unprecedented economic challenge.

“The amounts involved are significant, up to £25,000, or even more for those with additional properties, and can make the difference between a local firm or small enterprise staying afloat or going under.

"The council and its partners continue to work tirelessly to support businesses and help mitigate the impact of Covid-19 on the local economy.

“That includes the huge amount of work undertaken by officers to process more than 2000 applications for business support grants.

"Help is still available for those who need it, but eligible businesses must ensure that they have completed applications submitted by July 10.

Further information on eligibility criteria and how to apply is available via the council’s dedicated business support web page: https://www.dundeecity.gov.uk/coronavirus/covid-19-advice-for-business

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