What assistance is available
The Scheme will offer grants of up to £10,000 for eligible businesses to invest in adaptations, improvements and new ways of working eg, energy efficiency, investment in green technology to reduce costs, new systems, etc.
Intervention rates will be based on a percentage of eligible project costs and will be determined by location:
- Premises located in Scalloway or Brae will attract a grant of up to 50% of eligible costs
- Premises located in all other areas of Shetland will attract a grant of up to 75% of eligible costs
- Premises located in Lerwick are not be eligible for support
Applicants may apply to the scheme more than once, but may not receive cumulative grant support greater than £10,000 through multiple awards. The minimum grant awarded will be £1,000.