Question reference: S5W-35446
- Asked by: Maurice Golden, MSP for West Scotland, Scottish Conservative and Unionist Party
- Date lodged: 23 February 2021
-
Current status: Answered by Fiona Hyslop on 3 March 2021
Question
To ask the Scottish Government, further to the answer to question S5W-34298 by Fiona Hyslop on 12 January 2021, whether it will provide an update on (a) how much has been paid out of the Scottish Growth scheme, (b) how many businesses have received funding to date and (c) how much funding it has directly funded.
Answer
As at 31 January 2021, the Scottish Growth Scheme, which of course is demand led, has: (a) provided some £333.5 million of debt and equity investment to businesses; (b) 560 businesses have directly benefitted from this investment; and (c) The Scottish Government has provided £19.4 million which has in turn levered substantial private sector funding so that 560 businesses received a total investment of £333.5 million.