Newly Self-Employed Hardship Fund Provided by the Scottish Government and administered by local authorities, if you are newly self-employed facing hardship and you meet all the criteria (listed on the first page of the application form), you are eligible for a £2,000 grant. If you receive the grant you can continue to work or take on other employment including voluntary work.
Self-employment Income Support Scheme This scheme allows self-employed (and partnerships) to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for an initial 3 months. This may be extended if needed.
Click here for information and guidance on how to apply.
*Please note: The scheme is not being administered by local authorities. HMRC will contact you from May 2020 if you are eligible for the scheme and invite you to apply online. Individuals do not need to contact HMRC.
Princes Trust funding The £5million Enterprise Relief Fund will offer grants to 18 to 30-year olds across the UK who are self-employed and/or running their own business.