Aberdeen City Council launches new discretionary business support fund

27/01/2021
Aberdeen's Union Street

A NEW 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.

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

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, Aberdeen City Council co-leader, 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 meets the funding criteria to apply to the new discretionary fund.”

 

The latest stories

Britain’s fastest Olympians in new roles making speedy deliveries as Amazon announces same day deliveries in Aberdeen
Transform Compliance into Excellence: QHSE Aberdeen’s Leadership Workshop 2024
AquaTerra Group achieves £3 million revenue from renewable energy contracts
North sea firm celebrates decade of charity support