Start-up businesses benefit from additional funding

Images of a jar of money with stacks of three coins. All with green shoots growing from them

Ambitious start-up businesses across Argyll and Bute will receive additional support following confirmation of new grant funding.

Due to strong demand for the New Enterprise Support Grant, Councillors have approved an additional £35,000 to support 12 start-up businesses. The Fund, designed to help ongoing economic recovery from the pandemic has supported 40 businesses to date with £120,000 of funding in total.

Support from the COVID Recovery Fund, will focus on new businesses in Campbeltown, Lochgilphead, Isle of Bute and Dunoon, the areas of Argyll and Bute hit hardest by the pandemic.

Councillor Alastair Redman, Policy Lead for Economic Growth and Communities, said: “The pandemic had a major impact on many of our local traders and we want to continue to support the sector as it continues to recover.

“Successful businesses are the lifeblood of the local economy and this new funding will provide start-ups with the support they need to realise their ambitions.”

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