Edinburgh launches Discretionary Fund Bed & Breakfast Business Support Grant
A new business grant fund offering vital money to support Edinburgh’s B&B and guesthouse businesses directly impacted by the cancellation of Edinburgh’s Hogmanay Events has been launched by the City of Edinburgh Council.
The Discretionary Fund Bed & Breakfast Business Support Grant will support those B&B/guesthouse businesses that lost revenue over the critical new year period with a one-off payment of £1,000 or £2,750 depending on whether the premises are registered for business rates or Council Tax respectively.
Businesses that are eligible and have received Covid-19 business grant support in the past will be contacted directly for additional information required to process this payment.
Any B&B businesses that haven’t received previous Covid-19 business support funding but commenced trading before 30 November 2021 can apply by going to the City of Edinburgh Council website and following the application process.
The fund will close for applications at 10am on 17 February 2022 or earlier if the fund has reached capacity. As the fund is limited, in the event of an oversubscription of applications, awards will be made on a first come first serve basis.
Councillor Kate Campbell, Fair Work Convener, said: ““This winter has been incredibly difficult for B&B owners and everyone they employ so it’s really important that they have access to all support available.
“This funding from the Scottish Government comes at a critical time and I want to urge everyone in the sector to apply quickly for financial help.”
Councillor Mandy Watt, Fair Work Vice Convener, added: “Many of our city’s B&Bs are small, independent, family-operated businesses and every loss of income counts.
“We know that the necessary cancellation of Hogmanay events was another big blow to B&B owners but I hope this fund helps this vital part of our economy to regain strength.”
For questions, please email BGI@edinburgh.gov.uk