Publication - Factsheet

Coronavirus (COVID-19): support for businesses

Summary of information available on support for businesses during the COVID-19 pandemic.

Contents
Coronavirus (COVID-19): support for businesses
Overview

Overview

We have put a comprehensive package of measures worth £2.3 billion in place to help sustain businesses and, crucially, help them pay staff and treat staff fairly. This includes:

  • 100% rates relief for properties in the retail, hospitality, leisure and airport sectors
  • 1.6% rates relief for all non-domestic properties across Scotland
  • a local authority-delivered Business Support Fund with grants to help protect jobs, prevent business closure and promote economic recovery
  • a £100 million fund to support newly self-employed people and SME businesses in distress due to COVID-19
  • a package worth £60 million agreed with the water industry to help businesses facing difficulties with water charges during the outbreak
  • an initial package of more than £5 million for the fishing industry to help more than 650 vulnerable seafood fishing vessels
  • a £10 million scheme will provide financial support for seafood processors
  • a £3 million scheme for around 100 businesses which make a full time living from shellfish growing and trout farming
  • a £3.5 million package to help large sea fishing vessels