NSW small businesses in eligible local Government areas along the NSW and Victorian border will be able to apply for $5,000 and $10,000 Grants through Service NSW from Tuesday 8 September. Applications will be open for a six-week period and close 18 October 2020.

The grant will have two tiers determined by certain eligibility criteria:

Tier 1 - $5,000 – Grant Eligibility:

Tier 1 is for small businesses with or without employees (including non-employing sole traders) that meet the following conditions:

  • Have experienced a decline in turnover of at least 30 per cent since 8 July 2020 compared to a period of at least two weeks between 30 March 2020 – 7 July 2020 inclusive
  • Employ less than 20 full-time equivalent staff.
  • Hold an ABN as at 1 March 2020 registered in an eligible local government area.
  • Have total Australian wages below the NSW Government 2019-20 payroll tax threshold of $900,000 as at 1 March 2020.
  • Have an annual turnover of more than $75,000 as at 1 March 2020.
  • Have costs from 8 July 2020 associated with surviving or adapting to the new business environment, for which there is no government support available.

Tier 2 - $10,000 – Grant Eligibility:

Tier 2 is for small businesses that meet all the eligibility criteria for Tier 1, except they must:

  • Be an employing small business with less than 20 full-time equivalent staff, but more than the minimum employment requirement of 0.5 FTE staff.
  • Have experienced a decline in turnover of at least 75 per cent since 8 July 2020 compared to a period of at least two weeks between 30 March 2020 – 7 July 2020 inclusive. 

Note: Applicants must submit evidence to show they have experienced a decline in turnover of at least 75 per cent.

Eligible Local Government Areas:

The following local government areas are eligible for this grant:
  • Albury
  • Balranald
  • Berrigan
  • Bega Valley
  • Edward River
  • Federation
  • Greater Hume Shire
  • Hay
  • Murray River
  • Murrumbidgee
  • Snowy Monaro
  • Snowy Valleys
  • Wentworth

Eligible Expenses

Examples of eligible costs to help cushion small business impacts due the New South Wales and Victoria border closure include, but are not limited to:
  • meeting unavoidable operating expenses, including utilities, salaries and rent
  • seeking financial, legal or other advice to support business continuity planning
  • developing the business through marketing and communications activities
  • other supporting activities relating to the operation of the business.
Examples of eligible cost to help businesses adapt to the New South Wales and Victoria border closure include:
  • digital solutions (e.g. e-commerce, business websites, online sales platform)
  • seeking professional advice on strategies to reach more customers
  • digital solutions (e.g. e-commerce)
  • human capital (e.g. digital skills, export training and consulting)
  • permanent physical improvements (e.g. to improve efficiencies or customer experience)
  • diversification of markets and supply chains. 
Note: The grant can only be used for expenses which no other government support is available. For example, the grant cannot be used to pay wages for staff eligible for JobKeeper.

Further information on the eligibility criteria will be available prior to the application opening date of 8 September 2020.

Please contact your Johnsons MME Advisor for further information or for support in applying for a Grant.

 

Source: https://www.service.nsw.gov.au/southern-border-small-business-support-grant and https://www.nsw.gov.au/media-releases/45-million-for-southern-border-small-businesses