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Throughout 2020-21, the Federal and State Governments have put forward a series of grants to help businesses survive the COVID-19 pandemic and do well as we recover.
NEW! $2,000 COVID-19 financial assistance available for small businesses called "𝗦𝗺𝗮𝗹𝗹 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘀𝘁 𝗔𝗱𝘃𝗶𝗰𝗲 𝗣𝗮𝘁𝗵𝘄𝗮𝘆𝘀 𝗣𝗿𝗼𝗴𝗿𝗮𝗺"
This program will make it easier for small businesses in the state of Victoria that have been open and hiring people since at least July 1, 2020, and were hit hard by the COVID pandemic to get financial and legal advice.
For a business to get a grant, it must meet the following criteria:
- Be a legally organized business with an Australian Business Number (ABN) that is registered in Victoria and has had that ABN since July 1, 2020;
- Be registered with WorkSafe Victoria
- Have between 1 and 19 full-time employees.
In addition to meeting the requirements for eligibility, a successful applicant must agree to the conditions outlined in the program guidelines (click here).
A person who wants to apply must include one of the following forms of identification:
- Driver license or learner permit issued by Vic Roads;
- Australian Passport;
- Medicare Card; or
- Foreign passport for those issued with an Australian Visa.
𝗛𝗼𝘄 𝘄𝗶𝗹𝗹 𝘁𝗵𝗲 𝗴𝗿𝗮𝗻𝘁 𝗳𝘂𝗻𝗱𝘀 𝗯𝗲 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗲𝗱?
1. Consider the eligibility criteria, program guidelines, and FAQs, then confirm your ABN has been registered since 1 July 2020, which can be done with the ABN checker.
2. Grant funding of $2,000 per ABN is available for eligible expenses on relevant professional advice and services under the program, where the minimum expenditure cost is $2,000 (excluding GST).
3. The applicant will receive an upfront payment of $1,000 to engage with their preferred qualified service provider.
4. The applicant will receive a final grant installment of $1,000 on the satisfactory conclusion of the service activity. Any approved businesses will be asked to complete a claim form to confirm that the project has concluded and;
a. Provide a statutory declaration stating that the activity has been completed and the Qualified Service Provider has been paid.
b. Complete the online claim form by 5pm on 31 January 2023.
5. Businesses will also be required to respond to a survey six months after they submit their application.
𝗪𝗵𝗲𝗻 𝘄𝗶𝗹𝗹 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗯𝗲 𝗮𝘀𝘀𝗲𝘀𝘀𝗲𝗱?
We understand that after applications are submitted before 30 September 2022, the assessment period for applications is expected to happen during October 2022. Furthermore, notifications are also expected to be made during October 2022.
If an application is missing any information, the applicant will be contacted to provide additional information to complete the process.
Please do not hesitate to contact us if you wish to discuss any of these matters further.
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