Coronavirus: First payments to Fife businesses hit by lockdown

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business support | Other 3rd Party
Payments processed by council

The local authority is stepping up its support with payments to businesses in receipt of Small Business Bonus Relief.

Firms eligible include those in hospitality, retail and leisure sectors which have been decimated by the lockdown to tackle the pandemic.

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Almost 700 grant claims have been processed for the Scottish Government’s relief scheme , and the council is committed to getting the money to them.

The finance could be a lifeline to companies which have been forced to close completely or severely curtail their operations, with no end date yet for a return to normality.

Councillor David Ross, co-leader of Fife Council, welcomed the support.

He said: “ So far, we have processed almost 700 eligible grant claims for payment under this Scottish Government scheme, and we continue to work at pace to make sure payments to provide vital support get to Fife companies.”

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Cllr Ross said companies could help speed up the process by making sure they include all the information on the form.

He added: “The Business Support Fund is one of a number of measures we have introduced to help companies continue to manage their cash flow at this very challenging time for the Fife economy.”

His co-leader, Councillor David Alexander added: “We recognise the work Fife’s businesses are doing during this pandemic, from donating and working with local communities, to turning their business skills to support the national COVID-19 response. We will continue to work with our business community wherever we can to support them, their workers and our communities.”