Grant Funding | Glasgow Chamber of Commerce

Grant Funding

£100m business support fund for self employed and SMEs

The £100 million fund (announced on 21 April) to support the self-employed and SMEs is broken into three separate funds:

  • £20 million Creative, Tourism & Hospitality Enterprises Hardship Fund, managed by the Enterprise Agencies in partnership with Creative Scotland and VisitScotland for creative, tourism and hospitality companies not in receipt of business rates relief.  For creative, tourism and hospitality companies of up to 50 employees not receiving business rates relief, there will be rapid access £3,000 hardship grants or larger grants up to £25,000 where it can be demonstrated support is needed [fund closed]
  • £ 90 million Pivotal Enterprise Resilience Fund, managed by the Enterprise Agencies for vulnerable SME firms who are vital to the local or national economic foundations of Scotland.  The support and larger grants for pivotal SME enterprises will depend on the specific need of the enterprise and be developed by the relevant enterprise agency with wraparound business advice and support.[fund closed]  
  • £34 million Newly Self-Employed Hardship Fund, managed by Local Authorities, will be allocated to the newly self-employed facing hardship through £2,000 grants.Apply here [LIVE] 

Glasgow City Council business grant Apply here [LIVE]

£10,000 grants for small businesses in receipt of the Small Business Bonus Scheme or Rural Relief.  You can also get this grant if you applied for Nursery Relief or Disabled Relief but are eligible for the Small Business Bonus Scheme.   Grant applications are administered by the local authority.  Scottish Government guidance is that the local authority should reply in 10 days. If you operate in another local authority area, guidance can be found here.   The Scottish Government announced (15 April) a new package of measures including £120 million to extend the Small Business Grant scheme to ensure that, in addition to a 100% grant on the first property, small business rate payers will be eligible to a 75% grant on all subsequent properties. 

Glasgow City Council business grant - retail, hospitality, leisure Apply here [LIVE]

Providing further £25,000 grants to retail, hospitality and leisure businesses operating from smaller premises, with a rateable value over £15,000 and below £51,000.

Full listing of businesses classed as retail, leisure and hospitality here. Grant applications are administered by the local authority.  Scottish Government guidance is that the local authority should reply in 10 days. If you operate in another local authority area, guidance can be found here.  The Scottish Government announced (15 April) a new package of measures including £120 million to extend the Small Business Grant scheme to ensure that, in addition to a 100% grant on the first property, small business rate payers will be eligible to a 75% grant on all subsequent properties

Third Sector Resilience Fund [LIVE]

The Third Sector Resilience Fund (TSRF) is a £20m emergency fund for charities, community groups, social enterprises and voluntary organisations working in Scotland. The fund will support organisations that already deliver services and products but find themselves in financial difficulties directly as a result of the coronavirus pandemic. The primary intention of the fund is to help third sector organisations to stabilise and manage cash flows over this difficult period.

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