The Victorian Government has invested $3 billion to help businesses impacted by ongoing restrictions and prepare for COVID Normal business.
$3 billion in cash grants, tax relief and cashflow support will be delivered to Victorian businesses that have been most affected by coronavirus (COVID-19) restrictions. The package will help businesses survive and keep Victorians in jobs.
Below we have outlined the main aspects relevant for our community, to see the full list and other suitable funding opportunities please visit Business Resilience Package.
Business Support Fund (Third Round)
The Victorian Government recently announced a third round of the Business Support Fund – ensuring businesses impacted by coronavirus (COVID-19) restrictions continue to receive the support they need to make it through restricted trading.
Through this third round of the Business Support Fund, eligible businesses will receive grants of $10,000, $15,000 or $20,000, depending on the business’ annual payroll. Only employing businesses in eligible sectors can apply for a grant from this program, in recognition that these industries are the most affected by coronavirus (COVID-19) restrictions.
For more information or to apply visit Business Support Fund (Third Round).
Licenced Hospitality Venue Fund
The Victorian Government is providing support for licensed pubs, clubs, hotels, bars, restaurants and reception centres to help them survive through ongoing coronavirus (COVID-19) restrictions.
Grants from this program will provide metropolitan and regional hospitality businesses with cashflow assistance and support these businesses to survive extended periods of trading restrictions. Eligible hospitality businesses will receive grants of up to $30,000 based on the location of their premises and maximum patron capacity.
For more information or to apply visit Licenced Hospitality Venue Fund
Sole Trader Support Fund
The Sole Trader Support Fund provides support to non-employing Victorian sole traders operating out of commercial premises or locations within specific sectors. In regional Victoria you may be eligible for a grant if your non-employing business operates in an eligible sector that is Restricted, Heavily Restricted or Closed in the Second.
For more information or to apply visit Sole Trader Support Fund
Grants for Business Chambers and Traders Groups
The Victoria Government is providing funding to Victorian business chambers and trader groups for initiatives that will help support their members as we move into recovery and COVID Normal.
Grants of $10,000, $20,000 or $50,000 will be awarded to eligible groups through a competitive application process.
Preliminary applications are currently open. Victorian business chambers and trader groups are invited to submit an expression of interest by completing and submitting the preliminary application form no later than 5 October 2020.
Eligible groups will then be invited to provide a detailed project proposal for further assessment.
For further information or to submit a preliminary application please visit Grants for Business Chambers and Traders Groups
Outdoor Eating and Entertainment Package
The Outdoor Eating and Entertainment Package has been designed to help businesses prepare for COVID Normal by creating safe outdoor dining spaces.
Eligible businesses can apply for a grant of $5,000 for eligible hospitality businesses with an annual payroll of less that $3 million. This fund is to help pay for the practical things like umbrellas, outdoor furniture, screens and other equipment which will help the indoor dining and cafe experiences Victorians love move outdoors. Grants can also assist businesses with training, marketing and other costs associated with adapting new or expanding existing outdoor dining or entertainment.
For more information or to apply visit Outdoor Eating and Entertainment Package