A £1 billion business support fund has opened to help companies deal with the impact of the coronavirus pandemic, Scotland’s finance secretary has announced.
More than 90,000 ratepayers across the country will be able to benefit from the one-off grants, which are designed to help protect jobs, prevent business closures and promote economic recovery.
The two types of grant available are a one-off £10,000 payment to ratepayers of small businesses or £25,000 to retail, hospitality and leisure business ratepayers with a rateable value of between £18,001 and £50,999.
The grant support is in addition to separate tax relief measures.
Finance Secretary Kate Forbes said it was clear the outbreak would have “severe economic consequences”.