Question to the Scotland Office:
To ask the Secretary of State for Scotland, what steps the Government is taking to (a) support rural businesses and (b) promote rural economic development in Scotland.
Growing the economy across both rural and urban areas is a key mission for the Government, and helping rural businesses succeed is a significant part of this work. Nature recovery plays a critical role in supporting the rural economy, and in turn businesses can help provide food security, enhance biodiversity and accelerate progress towards net zero targets.
In Scotland, we work closely with the Scottish Government and its agencies to ensure that businesses have access to the support they need to grow and thrive, including through export, and that we showcase the opportunities offered in all parts of Scotland to potential global investors.
For example, the Investment Fund for Scotland offers a range of commercial finance options with smaller loans and debt finance from £25,000 to £2 million and equity investment up to £5 million. The fund covers the whole of Scotland, including rural and coastal areas..