East Ren businesses benefit from £6.42 million in support

Businesses across East Renfrewshire have already benefitted from £6.42m of coronavirus support funding, as part of the emergency grants schemes set up by the Scottish Government.

Published: 1 May 2020

As of this week (1 May), East Renfrewshire Council, which is administering the Coronavirus Business Support Fund funds locally, had received 711 applications with 540 grants (75%) now awarded totalling £6.42 million.

These grants were announced by the Scottish Government in March as part of a range of measures designed to support businesses through the coronavirus crisis.

The small business grant fund, which gives out a maximum of £10,000, has received 612 applications, with 472 awarded to date, providing support of £4.72 million.

For the £25,000 retail, hospitality and leisure fund there have been 99 applications, with 68 awards already made to the value of £1.7 million.

A newly self-employed hardship fund was announced this week (30 April) and will provide £2000 in support to those not able to access other schemes.

Councillor Tony Buchanan, Leader of East Renfrewshire Council said: 'Getting this financial assistance to local businesses is critical to our local economy during these difficult times and I thank our teams for their support in administering these vital funds as quickly as possible. I encourage any businesses who may be eligible for financial support to apply.'

For full eligibility criteria and to apply online, visit the business support webpage.

Last modified on 7 August 2020

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