Businesses receive £1.5 million boost from Scotland Loves Local Fund

Loves Local Fund Scotland
Scotland’s Community Wealth Minister Tom Arthur met Milngavie businesses as part of the launch of the Scotland Loves Local Fund on 9 August 2021 (Photo: Scotland’s Towns Partnership)

The Scottish government said it has started delivering the first round of grants from the Scotland Loves Local Fund to 110 organisations.

The £1.5 million funding boost aims to revitalise cities, town centres and neighbourhoods across Scotland, with businesses and development organizations receiving 14,000 on average to support local economies impacted by the coronavirus pandemic.

The Fund will include help for restoring local tourism, make town centres more environmentally friendly and sustainable, and support communities to refurbish shop fronts and public spaces ahead of the festive season.

“The Scottish Government is supporting our communities to deliver renewed local prosperity. I hope these grants will help spur on many of the projects which are vital to unlocking the innovation and action which will make our towns and neighbourhoods stronger,” Community Wealth Minister Tom Arthur said.

Launched earlier this year, the £10 million five-year fund provides 50 per cent match funding for local projects between £5,000 and £25,000.

“It reinforces our determination to support all our communities as they recover and will help strengthen the vital backing being provided through the Scotland Loves Local marketing campaign and gift card scheme,” Arthur added.