Recently, there have been several government grants circulating. These will provide businesses with a boost during this challenging time. We’ve broken down each state and what grants they’re presently offering so you don’t have to.
If you’re a business, single trader, or not-for-profit organisation in NSW, you might be eligible for a one-time award of $7,500, $10,000, or $15,000 if you’ve been impacted by the latest COVID-19 limitations.
The COVID-19 business grant for 2021 will help businesses who have seen a drop in demand or have had to shut due to public health regulations. For the first three weeks of the Greater Sydney lockdown, which began on June 26, 2021, it will assist businesses with cash flow.
Eligible applicants across NSW can use the grant for business costs incurred from 1 June 2021, including:
- utilities, wages and rent
- financial, legal or other advice to support business continuity planning
- marketing and communications activities to develop the business
- the cost of perishable goods that can no longer be used
- other activities to support the operation of the business.
Applications will close at 11:59 pm on 13 September 2021. Apply here
Payment through JobSaver
Payments are made every two weeks to help businesses retain staff headcount (as of July 13) and offer cash flow support for expenditures incurred during week four of the COVID-19 limitations (18 July 2021 onwards).
- Employing businesses: 40% of weekly payroll, with a minimum payment of $1,500 per week and a maximum payment of $10,000 per week
- Non-employing business: $1,000 per week.
- A revenue decline of 30% or more
- Turnover between $75,000 and $50 million.
For more information and to apply, visit Apply for the JobSaver payment.
Grant for COVID-19 Small Businesses | Micro Grants
A fortnightly payment for businesses with a turnover between $30,000 and $75,000.
- $1,500 per fortnight
- A turnover between $30,000 and $75,000
- A revenue decline of 30% or more
- Businesses that provide the primary income source for a person associated with the business.
For more information and to apply, visit Apply here
Small business fees and charges rebate
As part of the NSW Government’s COVID-19 stimulus and recovery plan, small businesses can apply for a rebate worth $1,500 to help them pay for government fees and extra charges.
For eligibility criteria and to apply, visit Apply here
See the full list of NSW grants here
Small Business COVID-19 Adaption Grant Program:
The program aims to see small and micro businesses:
- prepare for the safe resumption of trading in the post COVID-19 recovery
- continue to meet operating costs
- access digital technologies to rebuild business operations and transition to a new way of doing business
- respond to online opportunities, where possible, to sustain employment and maintain potential for longer-term growth
- upskill and reskill business owners and staff to benefit from new technologies or business models
- embrace business diversification to adapt and sustain operations
- create or retain employment.
Closes 5 pm on 6 August 2021
Check here for a list of current grants in QLD
A new jointly funded package from the Victorian and Commonwealth Governments will give Victorian small and medium businesses the extra support and confidence they need to recover from the recent lockdown.
The package will deliver an additional $400 million in support to thousands of businesses and includes a $156 million Business Continuity Fund.
To be eligible for the Program, a business must:
- Be located within Victoria; and
- Be registered as operating in an eligible industry sector identified in the List of Eligible ANZSIC classes (as defined by the ANZSIC class linked to the business’ ABN); and
- Have incurred direct costs as a result of the July COVID-19 Restrictions and the business cannot predominantly operate remotely; and
- Have an annual Victorian payroll of up to $10 million in 2019-20 on an ungrouped basis; and
- Be registered for Goods and Services Tax (GST) on 15 July 2021; and
- Hold an Australian Business Number (ABN) and have held that ABN on and from 15 July 2021; and
- Be registered with the responsible Federal or State regulator.
For employing businesses only:
- Be registered with WorkSafe Victoria; and
- Attest that the business is supporting its workers to access any paid leave entitlements, or that if a person can work from home, to work from home during the July COVID-19 Restrictions, and supporting their casual workers, where possible.
Small Business COVID Hardship Fund
A new $85 million fund will be established to support small businesses who have not been eligible under existing business support funds.
Small businesses with a payroll of up to $10 million who have experienced a 70 per cent or greater reduction in revenue will be eligible for grants of up to $5,000.
Find out more about Vic Covid grants here
Modelled on similar schemes in Victoria, New South Wales and Western Australia, the SA grants apply to those businesses with a payroll of less than $10 million, with an annual turnover of $75,000 or more (in 2020-21 or 2019-20) and whose turnover is reduced by at least 30 per cent over the 7 days from 20 July 2021 as a result of lockdown.
A $1,000 cash grant is available for eligible small businesses who don’t employ staff (eg non-employing sole traders).
For more information on the program, including eligibility criteria here
In other support measures: the Commonwealth’s COVID-19 Disaster Payment scheme provides $375 per week for those workers who have lost between 8 and less than 20 hours’ work or have lost a full day of work and $600 per week if a person has lost over 20 hours’ work.
The State Government is fully-funding income support payments of up to $600 per week for eligible workers in regional SA, who live or work outside of the Commonwealth-declared ‘Hotspot’ local government areas
More information on how to claim the Commonwealth COVID-19 Disaster Payment find out more here
WA Covid grant closes today!
- $3,000 Small Business Lockdown Assistance Grants to support WA small businesses most impacted by recent circuit-breaker four-day lockdown and interim restrictions
- Targeted program also open to eligible regional businesses impacted by Perth and Peel lockdown
- A range of sectors to benefit, including hospitality, catering, fitness, hair and beauty, and creative and performing arts, among others
- Premier pushes for COVID-19 Disaster Payment to be made available by the Commonwealth for workers impacted
Small businesses throughout Western Australia will soon be able to apply for a $3,000 grant to provide cash flow support to assist with some of the costs incurred as a direct result of the recent four-day lockdown.
The one-off grants are for the lockdown between June 29, 2021 and July 2, 2021 and the associated restriction period from July 3, 2021 to July 6, 2021. The program is also available to eligible small businesses in regional Western Australia that were most likely to have been impacted during this period.
The State Government has committed $41.5 million for the new grants, which are open to eligible businesses that have an Australia-wide payroll of less than $4 million and are registered for GST purposes.
More than 15,400 businesses in Perth and Peel and 2,300 businesses in regional WA could be eligible for the program – including hospitality, catering, fitness, hair and beauty, and creative and performing arts, among others.
Businesses must be able to prove losses incurred for perishable goods, cancellations or other unforeseen costs or demonstrate at least a 30 per cent reduction in revenues as a result of the lockdown.
Small businesses can apply from July 19 online at https://www.smallbusiness.wa.gov.au with grant payments expected to commence by the end of the month.
The grants add to the more than $1.3 billion of assistance the McGowan Government has provided to Western Australian businesses
Access to Counselling
The Australian Government has committed more than $4.7 million to provide small regional businesses affected by COVID-19 with access to free and confidential financial counselling.
The funding would help eligible small businesses access the immediate advice and assistance they need to keep afloat and navigate the road to recovery.
Regional small businesses can register their interest by calling 1300 771 741