New funding support for B&B accommodation hit by COVID-19 crisis
A new fund has been launched to provide hardship relief to B&B and small serviced accommodation providers who have not been able to access support through other schemes because of their banking status.
The scheme is aimed at providing support to the owners of B&Bs, guest houses, restaurants with rooms and other similar businesses which operate with only a personal or joint personal bank account, rather than a business one. B&B type operators with business bank accounts have already had access to other funding schemes during the pandemic.
Successful applicants will receive a one-off hardship payment of £3,000 from the new Scottish Government fund which opened for applications on Monday 15 June and is being managed by local councils.
Midlothian Council Leader, Councillor Derek Milligan welcomed the scheme’s launch.
“£3 million from the Newly Self-Employed Hardship Fund announced in April has now been re-purposed to help those B&B owners ineligible for this or other funding support because they don’t use a business bank account,” said Councillor Milligan. “This recognises the hardship that some of these businesses are facing and the key role they play in normal times in supporting tourism and the local economy.”
How to apply
- To find out more about the eligibility criteria and how to apply, visit the B&B grant funding pages on the council website.