The Scottish Government’s Pivotal Enterprise Resilience Fund (PERF), available to SME firms that are vital to Scotland’s economy and have been impacted by COVID-19 reopens this morning – but will likely close by 5pm Monday 18th May.
The enterprise agencies are pleased to confirm that the PERF will reopen for new applications from mid-morning on Thursday, 14 May.
A pause had been in place since 5pm on Tuesday, 5 May to allow a review of initial completed applications following exceptionally high levels of interest from companies.
The additional £45million funding announced by the Scottish Government on Friday has been crucial to help meet the demand there has been for this funding.
The enterprise agencies are continuing to work hard to process offers of grant applications so that all approved applicants can receive their funding as quickly as possible.
They are closely monitoring the volume of new applications for the PERF and the £20 million Creative, Tourism & Hospitality Enterprises Hardship Fund.
It is expected that both funds will reach their full capacity in the coming days, therefore anticipate these closing at 5pm on Monday, 18 May.
Scottish Enterprise, along with Highlands and Islands Enterprise and South of Scotland Enterprise, will continue to deliver these funds, with support from Creative Scotland and VisitScotland for the hardship fund.
Companies can apply at http://findbusinesssupport.gov.scot/, where full eligibility criteria for each fund is also provided.