Thursday, 14 May, 2020
The Creative, Tourism & Hospitality Enterprises Hardship Fund is designed for small creative, tourism and hospitality companies in Scotland that are experiencing hardship because they are ineligible for other coronavirus (COVID-19) government grant support or are not yet in receipt of the funds they need to survive.
The focus is to help companies manage cash flow commitments for the next three months, and those furloughing staff are still eligible to apply.
This is a £20 million programme. Grants of up to £25,000 can be accessed in addition to the Coronavirus Job Retention Scheme. However, those that have accessed other support will not be eligible. For example, if the applicant already qualifies for the retail hospitality and leisure £25,000 funding, they would not be eligible.
Small and micro firms that are not in receipt of business rates relief and have experienced at least a 50% loss of current or projected revenue as a result of COVID-19 may apply.
The scheme remains open for applications, however, the funder expects this to reach capacity soon and it is anticipated that it will close at 5pm on Monday 18 May 2020.
More information about this funding opportunity and the application process is available on the GRANTfinder funding information platform. GRANTfinder provides up-to-the minute content, insight and analysis on funding news. To find out more about how GRANTfinder can keep you in the know, and subscription fees, contact us today.