The Victorian State Government has announced another round of funding for businesses affected by covid-19. These include:
- Sole Trader Support Fund https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/sole-trader-support-fund
- ABN holder
- Operate from a commercial premises
- Current participant in JobKeeper
- In an industry sector* that has been heavily restricted or closed
- Has not received a Business Support Fund grant
- $3,000
- Business Support Fund for Employers (Round 3): https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/business-support-fund-3
- ABN holder
- Participant in JobKeeper
- Registered with Worksafe
- Payroll less than $10m in 2020
- Registered for GST
- In an industry sector* that has been heavily restricted or closed
- Has not accessed hospitality fund (below)
- $10,000 if payroll less than $650k
- $15,000 if payroll $650k – $3m
- $20,000 if payroll $3m – $10m
- Licensed Hospitality Venue Fund: https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/business-support-fund-3
- Operate a pub, club, restaurant, bar, reception centre under a general, full club or on-premises liquor license.
- Premises that serves patron and holds a Class 2 or 3 Service Sector – Certificate of Registration.
- Not eligible for Round 3 of the Business Support Fund
- Grants depend on patron capacity.
- Metro Melbourne:
- Patron capacity 1-20 – $15,000
- Patron capacity 21-100 – $20,000
- Patron capacity 101+ – $30,000
- Regional Victoria:
- Patron capacity 1-20 – $10,000
- Patron capacity 21-100 – $15,000
- Patron capacity 101+ – $25,000
*Please note – we encourage clients to check their ABN record to see if their industry code is correct before lodging their applications.
If you need any help with applying, please let our office know anytime.