Council issues £6 million support to local businesses
By Democrat reporter
A total of £6.2 million has been distributed to businesses throughout West Dunbartonshire to ease the financial hardship faced as a result of coronavirus.
West Dunbartonshire Council has received 930 requests for grant assistance in the three weeks since the support was announced.
The Council’s economic development team have so far approved 530 grants and continue to work through the remaining applications.
Eligible business owners can apply for grant support of £10,000 or £25,000 depending on their eligibility. The scheme was introduced to ensure local companies had the best chance of surviving this challenging situation.
Councillor Iain McLaren, left, Convener of Infrastructure, Regeneration and Economic Development, said: “This is undoubtedly a difficult and uncertain time for our small and large local businesses, and I am pleased that we are managing to give them the support they need to keep going during this pandemic or reassure them that they can continue trading when distancing measures are relaxed.
“Supporting these businesses is vitally important for our economy, as they help improve our communities by creating jobs for local people, and attract trade and further investment too. It is in all of our interests to see them open for business again as soon as it safe to do so.”
Councillor Marie McNair, Vice Convener of Infrastructure, Regeneration and Economic Development, added: “I am grateful to the economic development team whose hard work has ensured these applications for support funding are processed quickly and efficiently, which we hope will in some ways help mitigate the impact of this virus.
“We remain committed to helping these businesses in any way we can.”
Once applications are processed, funding is sent directly into the applicant’s bank account.
Cllr Jonathan McColl, leader of the SNP administration on the Council, was not available for comment.
For more information on business grants, please click here.