This program aims to provide support to businesses that suffer significant losses or need to close as a result of the current COVID-19 restrictions. It forms part of the Victorian Government's $534 million Business Support Package which will provide more support to help businesses and workers through to the other side of the coronavirus (COVID-19) pandemic.
The program is in addition to the first round of the Business Support Fund, which closed on 1 June 2020.
Grants available are up to:
- $10,000 for employing businesses in metropolitan Melbourne and Mitchell Shire in recognition of spending longer under restrictions.
- $5,000 for employing businesses in regional local government areas (except Mitchell Shire).
A business, as defined by its ABN, can only receive one grant under this Fund.
Who Can Apply
Eligible applicants must:
- Operate a business located in metropolitan Melbourne or regional Victoria.
- Be a participant in the Commonwealth Government's JobKeeper Payment scheme.
- Employ people.
- Be registered with WorkSafe on 30 June 2020.
- Have an annual payroll of less than $3 million in 2019-20 on an ungrouped basis.
- Be registered for Goods and Services Tax (GST) as at 30 June 2020.
- Hold an Australian Business Number (ABN) and have held that ABN at 30 June 2020.
- Be registered with the responsible Federal or State regulator.
A sole trader must employ persons other than themselves to be eligible.
Not-for-profit organisations can apply for a grant as long as they meet the eligibility criteria.
Businesses that have received funding from other components of the Victorian Government's Economic Survival Package are eligible to apply for this program.
Eligible activities include:
- Meeting business costs, including utilities, salaries, rent.
- Seeking financial, legal or other advice to support business continuity planning.
- Developing the business through marketing and communications activities.
- Other supporting activities related to the operation of the business.
The main assessment criteria include:
- Any adverse findings by a regulator regarding a business.
- Whether a business is placed under external administration.
- Whether there is a petition to wind up or deregister a company or business.
- Whether the business is, or becomes, deregistered or unregistered (including cancellation or lapse in registration).
This program is open for applications until 14 September 2020, 11:59pm.
If you have any questions or need further information, please contact your Johnsons MME Advisor.