The Scottish Government has released figures showing that £215 million of coronavirus grant funding has been released to 18,528 Scottish businesses. The Federation of Small Businesses (FSB) in Scotland welcomed the progress, but urged councils and government to deliver the grants more quickly.
Andrew McRae, FSB’s Scotland policy chair, said: “This grant funding could be the difference between success and failure for many smaller firms during the coronavirus crisis. And for that reason, we’re grateful for the funds that have been delivered to businesses already. But we’d urge everyone involved in the delivery of this crucial support to do everything possible to process the applications and deliver the cash more quickly.”
The First Minister has also announced her intention to convene an Economic Recovery Advisory Group to plan how to rebuild the economy once restrictions are eased.
Andrew McRae said: “The First Minister is right to lay the groundwork for recovery. And given that smaller firms and the self-employed form the bedrock of our local economies, this new group will need to consider their role and interests at every juncture.”