Strategic Framework Business Fund

Published

16th November 2020

Businesses in Dundee required to close by law or which have had to significantly change their operations due to COVID-19 restrictions could be eligible for grant funding.

The Scottish Government has introduced the Strategic Framework Business Support Grant which is being administered by local authorities across the country, including Dundee.

Eligible businesses will receive either a temporary closure grant of £2,000 or £3,000 (depending on rateable value) if required to close by law or a business restrictions grant of £1,400 or £2,100 (depending on rateable value) if it can remain open but has to modify its operations by law, for example having to close earlier than normal or experiencing reduced demand because of the pandemic. Grants will be paid every four weeks in arrears as long as restrictions last.

Mark Flynn convener of Dundee City Council’s city development committee said: “As with every other part of the country we are trying to maintain a difficult balancing act between protecting lives and livelihoods.

“The city council staff responsible for administering grant applications and delivering the scheme are working hard to ensure that it is done as quickly and efficiently as possible so that business in Dundee get what they are entitled to so that they can keep ticking over until this pandemic is beaten.”

Businesses who think they may be eligible for a grant can check the criteria here - www.gov.scot/publications/coronavirus-covid-19-strategic-framework-business-fund/pages/eligibility/  and applications should be made to https://www.dundeecity.gov.uk/coronavirus/support-for-business 

 

Dundee City Council

Dundee draws skilled workers from a 60-minute catchment population of 640,000 and has a local population of over 140,000. The availability of a large pool of highly skilled labour is a key feature in the Dundee economy. Flexibility in the labour force is currently more prevalent in Dundee than in Scotland as a whole. All forms of labour market flexibility - part-time, temporary employment, self-employment and shift work - are widely operational within the city. Labour force stability in the city is excellent, enabling companies to plan with confidence. Labour turnover levels are less than 5% and absenteeism averages 2%.

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