£1m COVID-19 Resilience Fund for Scotland’s Business Improvement Districts
£1m COVID-19 Resilience Fund for Scotland’s Business Improvement Districts
Funding is available to support local partners taking forward the delivery of localised COVID-19 response projects from 1 April 2020 to 30 September 2020.
Business Improvement Districts (BIDs) can play a vital role as part of a local coronavirus (COVID-19) resilience response. The Scottish Government believes that BIDs should consider how best to support local businesses, town centres and communities through the coronavirus crisis. Where they can agree a response role with local government, the Scottish Government will help resource the BID’s continuity via the £1 million COVID-19 BIDs Resilience Fund.
The funding will help BIDs support local businesses to find new and innovative ways to maintain trading, and support other community initiatives to help more vulnerable people. In addition, BIDs will commence preparations for a locally led recovery campaign to help town centres bounce back once the Government’s social distancing rules have been relaxed.
The Fund is intended help with implementing radical new initiatives. BIDs across Scotland will be able to apply for funding to support local firms by signposting to, and supporting them to avail of, appropriate finance and coordinate a response at a local level to keep the economy moving.
BIDs should indicate what the funding they are requesting will be spent on. They may consider, specific to project programme, such items as (but not limited to); staff costs, material production, purchasing of items/goods/services, training materials, volunteer expenses.
More information is available from the Scotland’s Improvement Districts (SIDs) website.
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