Funding sources to support businesses in Scotland facing coronavirus
If you have applied for a grant through your local council, you need to contact them for an update. Our enquiries team have no access to their systems.
Support for the self-employed
Read guidance for people who are self-employed and getting less work or no work because of coronavirus (COVID-19). This includes Pension Credit and New Style Jobseeker's Allowance (3 November 2020)
If you're self-employed and already claiming Universal Credit and have to stay at home due to coronavirus, you will not have a Minimum Income Floor (an assumed level of income) applied for a period of time while affected.
Learn about the Renfrewshire Coronavirus Business Support Fund, a £1.3 million Renfrewshire Council package of interest free loans and grants. It helps businesses affected by the pandemic. There are three options:
Business Restart Loan
Small and start-up businesses and the self-employed can apply for interest-free loans from £1,000 to £5,000. They are to assist with short-term cashflow and are repayable for up to three years.
Eligible businesses must have been adversely affected by the coronavirus pandemic and not be in receipt of any other coronavirus loan fund.
The loans are provided through partnership with Right Way Credit Union.
Business Resilience Grant
This grant is part-funded by the European Regional Development Fund and provides a 50% match-funded grant from £1,000 to £10,000. The aim is to support small and medium sized businesses and the self-employed, who have plans for growth and are working towards new business goals. This includes:
- buying new equipment
- property expansion or improvements
- exhibiting costs
- developing new products and processes
To qualify for support, the business must operate from a commercial premise in Renfrewshire.
Business Adaptation Grant
This grant provides a match-funded grant from £1,000 to £2,500 to help small and medium sized businesses, including the self-employed, to adapt their premises to meet physical distancing requirements. This includes:
- purchase of screens
- PPE
- signage
The grant is open to retrospective applications for businesses who have already purchased the necessary equipment.
To qualify for support, the business must operate from a commercial premise in Renfrewshire.
Overclaimed?
How to pay all or some of your grant back if you’ve overclaimed through the Coronavirus Job Retention Scheme (10 November 2020)
Guidance for social care workers and employers about the Social Care Staff Support Fund (30 June 2020)
This guidance aims to ensure social care workers do not experience financial hardship if they are ill or self-isolating due to coronavirus.
Aquaculture businesses affected by the collapse of international markets due to the coronavirus pandemic can apply to cover the costs of storing unsold stock. (18 June 2020)
Information for stakeholders of the European and Structural Investment Funds programmes from 2014 to 2020. (31 July 2020)