Latest Covid-19 update for small businesses – Support Package
The NSW Government has announced an economic support package aimed at helping businesses affected by the current COVID-19 lockdown.
Key features of the package include:
- The business grants program announced two weeks ago has been expanded, with grants between $7500 and $15,000 soon to be available to eligible businesses with annual wages up to $10 million.
- A new grant program has been announced for smaller micro businesses with turnover between $30,000 and $75,000.
- A new business and employee support program will be delivered together with the Commonwealth to provide cashflow support to businesses to help them retain staff.
- Businesses will benefit from payroll tax waivers of 25 per cent for businesses with Australian wages of between $1.2 million and $10 million that have experienced a 30 per cent decline in turnover.
- Commercial, retail and residential landlords liable for land tax will be eligible for a land tax concession where they reduce the rent of their tenant.
Further information will be available on the Service NSW website in the coming days: https://www.service.nsw.gov.au/campaign/covid-19-help-businesses.
Major new COVID-19 support package to help tens of thousands of businesses across NSW
The NSW Government today announced a major new grants package and changes to the Dine & Discover program to help tens of thousands of small businesses and people across NSW impacted by the current COVID-19 restrictions.
The package includes grants of between $5000 and $10,000 for small businesses, payroll tax deferrals for all employers, an extension of the Dine & Discover program to 31 August and the ability for people to use Dine & Discover vouchers for takeaway delivered directly to their home by the venue itself.
Three different grant amounts will be available for small businesses depending on the decline in turnover experienced during the restrictions – $10,000 for a 70 per cent decline, $7000 for a 50 per cent decline and $5000 for a 30 per cent decline.
Businesses will be able to apply for the grants through Service NSW from later in July and will need to show a decline in turnover across a minimum two-week period after the commencement of major restrictions on June 26.
To read the full media release please click on the link here
Rewrite the Night’ Grants now open
Georges River Council is supporting small local businesses with $40,000 in grant funds to boost and transform our nightlife.
Local businesses can apply now for a ‘Rewrite the Night’ grant that can be used to activate their business at night. Grant categories include live music, arts, performance and lighting.
You may be a daytime business that wants to trade later at night with a different offering. This could be a florist by day leasing its site for an art exhibition at night or a coffee shop by day operating as a small bar by night.
To apply for a ‘Rewrite the Night’ Grant and for eligibility information, visit https://lnkd.in/g9tgzUV
Grant applications are open until Sunday 6 June.
Funding for female founders of startup businesses to scale their startups into domestic and global markets
The Boosting Female Founders Initiative – Round 2 is now open and helps female entrepreneurs overcome the disadvantages faced in getting access to finance and support to grow their startups. This targeted support will be on a co-contribution basis.
What do you get?
Grants between $25,000 and $480,000 for female founded startups to expand into domestic and global markets.
Who is this for?
Female founded (majority owned and led by women) startups who wish to scale their business into domestic and global markets.
The program will also provide expert mentoring and advice to meritorious applicants. The Australian Government has announced a total of $52.2 million in grant funding for this program. For Round 2, an estimated $11.6 million in grant funding is available.
For more information on eligibility criteria please visit the Business.gov.au website
Georges River Council – Covid-19 Recovery Grants – Close 30 August
Last chance to apply for the Georges River Council Recovery Grants program. The Recovery Grants is in response to the COVID-19 pandemic and aims to achieve the following;
- Provide a structured and strategic program through which funding can be allocated to meet identified community needs caused by the negative impact of the COVID-19 pandemic;
- Support local businesses to revitalize and diversify;
- Support and facilitate the development of a more liveable community and enrich community social capital through targeted and timely support to community organisations;
The Recovery Grants program is based on the existing Policy Principles in Council’s Grants, Donations and Sponsorship Policy.
Council has committed $200,000 across four grant categories and is open for profit and not for profit organisations as wells community groups. (You can click on the relevant grant category to find out more information).
For more information please visit the COVID-19 Recovery Grants page on the Georges River Council website.
Applications close at 11:59pm on Sunday 30 August
Covid-19 Recovery Grants now open
Georges River Council has launched 4 new grants to support businesses, artists and not-for-profits affected by Covid-19.
The Covid-19 Recovery Grants program is in response to the COVID-19 pandemic and aims to achieve the following;
- Provide a structured and strategic program through which funding can be allocated to meet identified community needs caused by the negative impact of the COVID-19 pandemic;
- Support local businesses to revitalize and diversify;
- Support and facilitate the development of a more liveable community and enrich community social capital through targeted and timely support to community organisations;
Council has committed $200,000 across four grant categories. For more information please visit the Covid-19 Recovery Grants page on the Georges River Website.
Applications close: Sunday 30 August at 11:59pm
Apply for a small business COVID-19 recovery grant
Service NSW has grants available to small businesses who have been negatively affected by COVID-19.
If your small business or not-for-profit organisation has experienced a decline in turnover as a result of COVID-19, you may be eligible for a small business recovery grant of between $500 and $3000.
This grant helps small businesses meet the costs of safely reopening or up-scaling operations.
For more information please visit the Service NSW website
Applications Close: 11:59pm Sunday 16 August 2020.
Support for start ups and expanding businesses now available
Did you know that Service NSW has a concierge service to help you access a range of support options and understand the government requirements to start or grow a business in NSW.
Get a free dedicated Business Concierge who will help you start, manage and grow your business
