8th May 2020
Commenting on the First Minister’s announcement today that funding for Scottish businesses from the Pivotal Enterprise Resilience Fund is to be increased, Dr Liz Cameron OBE, Chief Executive of the Scottish Chambers of Commerce said:
“This is a good announcement today by the First Minister to double the Pivotal Enterprise Resilience Fund from £45 million to £90 million.
“The volume of applications to this fund was high, demonstrating that for many SME’s, working capital and cash in the bank could be the difference from surviving to going under.
“As ever, the speed of decision making and getting the money into our bank accounts is critical.’’