The £6 million BUSINESS fund for the events industry
The Pivotal Event Businesses Fund has been established to provide financial support to event businesses critical to Scotland’s events sector and without whom our capacity to deliver major events would be significantly reduced.
The £6 million fund is being delivered by VisitScotland on behalf of the Scottish Government and has been developed in consultation with the Event Industry Advisory Group.
The fund is open to event businesses whose primary role as organisers, suppliers, contractors and venues is critical to the survival of the events sector in Scotland, and upon whom the wider events industry and supply chain are most reliant for their own business and operations.
Funding will be prioritised towards those businesses that can evidence and demonstrate they play a pivotal role across the events industry in Scotland and are in financial difficulty as a direct result of COVID-19.
Applicants can apply for grants from £25,000 up to a maximum £150,000, and the amount applied for should demonstrate financial need and will require to be evidenced at the application stage.
Application process and preparation
The application process for this fund is in three parts: Expressions of Interest (part 1), Application stage (part 2) and Panel Decision (part 3). To progress to stage 2, you must complete part 1 and submit an Expression of Interest form to be able to be invited to submit a full application.
Application and panel stage
Businesses who are invited to submit a full application, will from Tuesday 5 January 2021 be provided with the appropriate information and guidance to do so, and it is anticipated that the application process will open shortly thereafter and will be open for approximately seven working days. Applications will not be assessed on a first-come, first-served basis.
Following the assessment of all the applications, a panel consisting of VisitScotland staff and industry representatives will make the final decisions on the funding to be awarded.
Find out more at Visit Scotland’s website.