LOCAL businesses are being urged to apply for coronavirus support funding from the Scottish Government as soon as possible after the deadline for applications was moved forward by a number of months.
Companies now only have up to 10 July 2020 to apply for the £10,000 small business grant or the retail, hospitality and leisure fund, which offers up to £25,000.
The scheme was originally intended to remain open until March 2021 but the Scottish Government moved the deadline after a slow-down in applications.
As previously reported, around £7.5 million has been provided to Shetland businesses so far.
Online applications can be carried out through the Shetland Islands Council’s services webpage under the header Covid-19.
Speaking earlier this month, Scottish finance secretary Kate Forbes said: “New applications for the Small Business and Retail, Hospitality and Leisure Grant schemes have slowed in recent weeks as large numbers of businesses have already applied.
“We are committed to ensuring every penny we receive from the UK Government for business support – and more – will be passed to businesses. It is essential that we do not allow funds to sit for too long in schemes that are attracting few applications, so we have decided to bring these to a close next month.”
Become a supporter of Shetland News
Shetland News is asking its many readers to consider start paying for their dose of the latest local news delivered straight to their PC, tablet or mobile phone.
Journalism comes at a price and because that price is not being paid in today’s rapidly changing media world, most publishers - national and local - struggle financially despite very healthy audience figures.
Most online publishers have started charging for access to their websites, others have chosen a different route. Shetland News currently has over 400 supporters who are all making small voluntary financial contributions. All funds go towards covering our cost and improving the service further.
Your contribution will ensure Shetland News can: -
- Bring you the headlines as they happen;
- Stay editorially independent;
- Give a voice to the community;
- Grow site traffic further;
- Research and publish more in-depth news, including more Shetland Lives features.
If you appreciate what we do and feel strongly about impartial local journalism, then please become a supporter of Shetland News by either making a single payment or monthly subscription.
Support us from as little as £3 per month – it only takes a minute to sign up. Thank you.Support Shetland News