A new fund that will support local businesses during the latest phase of restrictions is now available.
The Scottish Government has announced £40 million in funding for businesses and employees affected by the temporary coronavirus restrictions that came into effect from October 9.
North Ayrshire Council has already distributed over £20 million to local businesses on behalf of the UK and Scottish Governments and will again administer the Coronavirus Restrictions Fund which will provide one-off grants to hospitality and hospitality supply chain businesses impacted.
There are two separate elements of the Fund.
The Business Closure Fund will operate as a two-tiered scheme, with a smaller grant of £2,000 for businesses with a Rateable Value (RV) of under £51,000 and a larger grant of £3,000 for businesses with a RV over £51,000, up to a maximum of £15,000 in total for any eligible business operating multiple premises.
The second element is the Business Hardship Fund, with payments of £1000 or £1500, depending on Rateable Value, up to a total of £10,000 for eligible business operating multiple premises. This fund will support some companies that can remain open but are directly impacted by the restrictions, including those that supply businesses that must close.
For more details about eligibility and how to apply, go to www.north-ayrshire.gov.uk/coronavirus/Business-licensing-Coronavirus-COVID-19-updates.aspx
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here