The Rural Support (Improvement) (Miscellaneous Amendment) (Scotland) Regulations 2024: An Overview
Published: December 13, 2024
On December 13, 2024, the Scottish Government published the Rural Support (Improvement) (Miscellaneous Amendment) (Scotland) Regulations 2024. These regulations amend the existing Rural Support (Improvement) (Scotland) Regulations 2018, which provide financial assistance to businesses in rural areas of Scotland.
Key Changes
The main changes introduced by these new regulations are:
- Increased funding: The amount of funding available to businesses under the Rural Support (Improvement) (Scotland) Scheme has been increased by £10 million, bringing the total funding available to £60 million.
- Extended eligibility criteria: The eligibility criteria for businesses to receive financial assistance under the scheme have been extended to include businesses that are involved in the tourism and food and drink sectors.
- Simplified application process: The application process for financial assistance under the scheme has been simplified to make it easier for businesses to apply.
Purpose of the Regulations
The purpose of the Rural Support (Improvement) (Miscellaneous Amendment) (Scotland) Regulations 2024 is to provide additional financial support to businesses in rural areas of Scotland. This support is aimed at helping businesses to grow and create jobs, and to improve the economic and social fabric of rural communities.
Eligibility
To be eligible for financial assistance under the Rural Support (Improvement) (Scotland) Scheme, businesses must meet the following criteria:
- Be located in a rural area of Scotland.
- Be involved in one of the following sectors: agriculture, forestry, fishing, tourism, or food and drink.
- Have a viable business plan.
- Be able to demonstrate that the financial assistance will help the business to grow and create jobs.
How to Apply
Businesses that meet the eligibility criteria can apply for financial assistance under the Rural Support (Improvement) (Scotland) Scheme by completing an application form and submitting it to the Scottish Government. The application form can be downloaded from the Scottish Government website.
Assessment Process
Applications for financial assistance under the Rural Support (Improvement) (Scotland) Scheme are assessed by a panel of experts. The panel evaluates applications based on the following criteria:
- The viability of the business plan.
- The potential for the business to grow and create jobs.
- The impact of the financial assistance on the business and the local community.
Conclusion
The Rural Support (Improvement) (Miscellaneous Amendment) (Scotland) Regulations 2024 are an important piece of legislation that will provide additional financial support to businesses in rural areas of Scotland. This support will help businesses to grow and create jobs, and to improve the economic and social fabric of rural communities.
The Rural Support (Improvement) (Miscellaneous Amendment) (Scotland) Regulations 2024
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