Finance secretary puts up £50M cash fund for project to transform Scotland from pandemic
The Scottish Government will provide up to £50 million of cash for a new competition as part of efforts to transform the country in the wake of the Covid pandemic.
Kate Forbes announced details of the national challenge competition as she promised more support for some of those businesses that have been hardest hit by the pandemic.
She pledged £12 million to help businesses in the 13 local authority areas that are being held under Level 2 restrictions.
The Finance and Economy Secretary said: "Businesses who were expecting to open or see reduced restrictions as a result of moving to Level 1, but who will now remain in Level 2, will receive weekly support."
She pledged more money for taxi drivers, with an additional funding of up to £62 million being made available, taking support for this sector to more than £90 million.
In addition to this, there will be a further £40 million for the cultural sector, Ms Forbes said.
https://news.google.com/__i/rss/rd/articles/CBMiU2h0dHBzOi8vd3d3LmRhaWx5cmVjb3JkLmNvLnVrL25ld3MvcG9saXRpY3MvY292aWQtc2NvdGxhbmQtbGl2ZS10aGlyZC13YXZlLTI0MjM5NzM30gFXaHR0cHM6Ly93d3cuZGFpbHlyZWNvcmQuY28udWsvbmV3cy9wb2xpdGljcy9jb3ZpZC1zY290bGFuZC1saXZlLXRoaXJkLXdhdmUtMjQyMzk3MzcuYW1w?oc=5
2021-06-03 09:11:15Z
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