FSB welcomes opening of £1 billion Scottish business support fund

Scottish businesses can now apply for grants and rates reliefs to help them deal with the impact of the coronavirus outbreak, according to an announcement by Cabinet Secretary for Finance Kate Forbes.

Business owners will have to apply to their local council for the help. The Federation of Small Businesses (FSB) in Scotland has urged the Scottish Government and councils to work together to make the application process as easy and user-friendly as possible.

Andrew McRae, FSB’s Scotland policy chair, said: “This £1 billion package could make the difference for many thousands of Scottish businesses during this difficult period. We would urge business owners to read the available detail carefully, and then make contact with their council.

“While Scotland’s small business community is grateful for this support, it is important that good businesses aren’t denied this help because of administrative difficulties. We would ask local and national decision-makers to do what they can to ensure these cash grants and tax breaks benefit as many firms as possible. Resource to make this happen need to be found.”