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14 May 2024

Important new grants for businesses launched in Aberdeenshire

Two new important business grant schemes have been designed, developed and launched by Aberdeenshire Council.

Funded entirely through the UK Government’s Shared Prosperity Fund, the schemes have been created through feedback from businesses and a past grant scheme offered by the council.

Under the new grant schemes, start-up businesses can now apply for £1,000 to help get a new venture off the ground or £3,000 if it is taking on premises.

Business will be supported through the Business Gateway service and have an advisor appointed to them.

A £1,000 grant is also available for businesses taking on their first hire.

Cllr Alan Turner, chair of the council’s Infrastructure Services Committee, said: “Grant funding such as this removes barriers to increased economic activity, providing Aberdeenshire-based businesses with the financial means to improve their ability to start up and grow in a manner which will be faster than would otherwise be achieved.

“This vital funding which has been leveraged in from the UK Government’s Shared Prosperity Fund through a competitive challenge process shows our team’s efforts in supporting our business communities by being proactive within the resources they have but also in identifying new opportunities.”

Vice-chair Cllr Isobel Davidson added: “We have always had great start-up success here in the north-east of Scotland and our resilience and mindset is testament to that. Past grant schemes have demonstrated great initial results in providing this seed capital. Our businesses support many thriving and prosperous sectors and with the wider support of our economic development teams this will help create even greater economic prosperity.

“I would encourage anyone who is interested in developing a new business to contact us without delay to discuss our funding programme which could provide the support they require to realise their dreams.”

For more information on the grant schemes visit:

https://www.aberdeenshire.gov.uk/business/business-support/funding/first-employee-grant/

https://www.aberdeenshire.gov.uk/business/business-support/funding/business-start-up-grant/