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Insider UK
Insider UK
National
Peter A Walker

Scottish Government gives £80m business support ahead of Strategic Framework Update

A new £80m Covid Economic Recovery Fund has been announced by the Scottish Government, targeting support for businesses as the nation attempts to move into a new phase of pandemic recovery.

Councils will have the flexibility to target support either using existing schemes like Scotland Loves Local, Business Improvement Districts, or place-based investment programmes, or individual local authority grant schemes. Councils will also to able to use the funding to support low income households.

In addition, a further £3m has been allocated to the City Centre Recovery Fund, which supports sustainable economic recovery for seven city local authority areas including by driving footfall to businesses hit hard by the pandemic.

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