A total of £26.91million has been awarded in Aberdeenshire through a Scottish Government scheme to support small businesses and the retail, hospitality, and leisure sector.
This grant support is worth over £1 billion to business and is part of the wider business support package worth £2.3 billion.
So that funding can be distributed as quickly as possible, eligibility for the grant scheme is linked to the non-domestic rates system.
Commenting, SNP MSP Gillian Martin said:
“The impact of the coronavirus has been undoubtedly felt by every local business I know just how uncertain a time this is for many business owners.
“It is welcome today that Scottish Government funding is going directly into the hands of businesses as it is designed to support firms and ensure that our economy is on the best possible footing when we get through this health crisis.
“Our support for business is now worth £2.3 billion, which is more than we have received from the UK Government and actively works to fill the gaps in the UK schemes with tailored support for the Scottish economy.
“I encourage all businesses in Aberdeenshire to apply for funding and ensure they are receiving the support they’re entitled to.”
“It is welcome today that Scottish Government funding is going directly into the hands of businesses as it is designed to support firms and ensure that our economy is on the best possible footing when we get through this health crisis.
“Our support for business is now worth £2.3 billion, which is more than we have received from the UK Government and actively works to fill the gaps in the UK schemes with tailored support for the Scottish economy.
“I encourage all businesses in Aberdeenshire to apply for funding and ensure they are receiving the support they’re entitled to.”
Banffshire and Buchan Coast MSP, Stewart Stevenson added:
“The coronavirus pandemic has dealt a significant financial blow to our economy, has pushed businesses into hardship, and damaged people’s livelihoods through no fault of their own.
“With many sectors of the economy having to close their doors due to public health advice, strengthening financial measures during this crisis is more important than ever and it is only right that businesses and individuals are supported.
“The cost of not going further in support now will only be more damaging in the long run – I urge the UK government to take bold and comprehensive action to ensure a strong recovery and to build a fairer society."
“With many sectors of the economy having to close their doors due to public health advice, strengthening financial measures during this crisis is more important than ever and it is only right that businesses and individuals are supported.
“The cost of not going further in support now will only be more damaging in the long run – I urge the UK government to take bold and comprehensive action to ensure a strong recovery and to build a fairer society."