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11 January 2021

North-East MSPs Welcome Top-Up Grants for Businesses

North-east MSPs have welcomed a significant top-up grant to help support hospitality, retail and leisure businesses across the region.

In addition to the grant businesses receive through the Strategic Business Framework Fund, eligible businesses will also now get a one-off grant dependent on size.

Photo taken pre-COVID
and social distancing
Aberdeenshire East MSP Gillian Martin and Banffshire and Buchan Coast MSP Stewart Stevenson have welcomed the move.

It means larger hospitality businesses will receive £25,000 on top of the four-weekly £3,000 while smaller hospitality businesses will receive £6,000 on top of four-weekly payments of £2,000.

Meanwhile, larger retail and leisure businesses will receive an additional £9,000 on top of their four-weekly payment and smaller retail and leisure businesses will be eligible for £6,000 on top of their four-weekly payment.

In most cases, eligible businesses that have already applied for the 4-weekly payment from the Strategic Framework Business Fund will get an automatic top-up.

For the majority, this top-up will be combined with the next tranche of payment for the Strategic Framework Business Fund due to go to businesses on 25 January.

Businesses that haven’t yet applied for either of these funds should submit an application as soon as possible through their local authority website. Applications are now open.

Commenting, Gillian Martin MSP said:

“These grants are vital for businesses and I very much welcome this announcement by the Finance Secretary.

“I would urge businesses from across retail, hospitality and leisure to apply for funding to help them during this challenging time.

“This essential support will help to close the gaps in UK-wide support for these sectors impacted by the coronavirus pandemic.

“I would encourage all businesses to apply through their local authority.”

Commenting, Stewart Stevenson MSP said:

“Since the start of the pandemic the Scottish Government support for businesses and the wider economy has reached almost £3billion.

“This funding will be available from this month and will help to double or triple in some cases, the support being provided. I echo the sentiments of the Finance Secretary and hope this support will help businesses during this time.”

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