Aberdeen,
26
January
2021
|
16:38
Europe/Amsterdam

Aberdeen City Council launches new discretionary business support fund

A new business support fund for businesses impacted by COVID-19 restrictions has been opened by Aberdeen City Council.

The local authority has been given £1.3million of funding to distribute on behalf of the Scottish Government. The aim of the fund is to mitigate short term issues being experienced by businesses that are struggling due to the Coronavirus restrictions and regulations that have been introduced since October 2020.

The priority for these grants is local smaller and micro businesses within the Aberdeen City area.

One-off grants of £3,000 will be made to sole traders, partnerships or limited companies with no employees. Businesses registered as employers will receive a one-off payment of £5,000.

Councillor Douglas Lumsden, Co-Leader of Aberdeen City Council said: “We are pleased to be able to distribute this much needed funding to support businesses that are facing immense pressures during these challenging times and would encourage any business that meet the funding criteria to apply to the new discretionary fund.”

For full criteria and to apply to the Discretionary Business Support please visit: Covid-19 Discretionary business Fund

This fund is separate to the Strategic Framework Business Fund, also being administered by the local authority. It is aimed at businesses which have not been able to access the Strategic Framework Business Fund or other business grant funds provided by the Scottish Government.

To find out more about the Strategic Framework Business Fund please see: www.aberdeencity.gov.uk/services/coronavirus-covid-19/covid-19-strategic-framework-business-fund