Strategic Framework Business Fund – Important information for local businesses

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The Scottish Government has announced the opening of the Strategic Framework Business Fund. This financial support will offer grant support for businesses impacted by protective measures.

Specifically, the Fund will provide:

  • A grant of £2,000 or £3,000 (depending on rateable value) for businesses required to close by law, payable every four weeks for the duration protective measures are in place;
  • A grant of £1,400 or £2100 (depending on rateable value) for businesses that remain open but are specifically required to modify their operations by protective measures, payable every four weeks for the duration measures are in place

The following types of business will be eligible in areas currently in Tier 1, subject to meeting the specific requirements of the Fund:

  • Nightclubs
  • Theatres, sports stadia, conference and exhibition centres, comedy clubs, concert halls and music venues subject to a specific cap on the number of people who can attend an event.
  • All Hospitality subjected to time restrictions on their operations (i.e. no admittance after 21:30, closure at 22:30) by law - includes restaurants, pubs, bars, licenced sports and social clubs and licensed premises (excluding takeaways)

Applications to the Fund can be made here: Strategic Business Framework Fund Application Form. Any businesses with specific queries can contact Business Gateway Shetland by email at: businessgateway@shetland.gov.uk

Further information on the Fund can be found on the Scottish Government webpage

Published: 16th November 2020