Grant Support Update

Thu 14 May 20

From mid-morning on Thursday 14 May 2020 the Pivotal Enterprise Resilience Fund will reopen for new applications.

We would like to thank businesses for their applications for the COVID-19 business resilience and hardship funds.

The funds have received a high volume of applications and our appraisers have been working hard to review and process applications. We are pleased to confirm that following the pause of the Pivotal Enterprise Resilience Fund, we are now able to reopen the fund for new applications.

The additional £45 million funding from the Scottish Government has been crucial in helping us meet demand and we’re now moving to process offers of grant funding so that all approved applicants can receive their funding as quickly as possible.

We will be closely monitoring the volume of new applications and expect both the Pivotal and Hardship Funds to reach their full capacity early next week and therefore anticipate both will close at 5pm on Monday 18 May 2020.

A spokesperson on behalf of partners

Hardship and resilience business funds

The Scottish Government has made funding available for tourism, hospitality and creative industry businesses that are experiencing hardship as a result of COVID-19 and are not eligible for other sources of support (except UK Job Retention Scheme).

There’s also additional grant funding available for viable Scottish SMEs that are vulnerable as a result of the impact of COVID-19, but are vital to local, regional and national economies. 

The funds which make up the £145 million support package are as follows:

  • £34 million Newly Self-Employed Hardship Fund, managed by Local Authorities, allocated to the newly self-employed who are ineligible for UK support (as they became self-employed since April 2019) but are facing hardship.
  • £20 million Creative, Tourism & Hospitality Enterprises Hardship Fund, managed by the Enterprise Agencies with support from Creative Scotland and VisitScotland for small and micro creative, tourism and hospitality companies not in receipt of business rates relief with grants of up to £25,000.
  • £90 million Pivotal Enterprise Resilience Fund, managed by the Enterprise Agencies providing bespoke grants and wrap around business support to viable but vulnerable SMEs who are vital to the local or national economic foundations of Scotland.

The Scottish Government is also providing £1 million to top up Creative Scotland’s Bridging Bursaries in the not-for-profit sector.

All updates and developments about support for businesses will continue to be added to findbusinesssupport.gov.scot.

Twitter Feed

  • #Tourism businesses across Scotland are invited to tune in and hear from Senior Insight Manager, Chris Greenwood, i… twitter.com/i/web/status/1…
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