Small Business COVID Hardship Fund VIC


This program provides funding to Victorian small to medium businesses whose operations have been severely impacted by COVID restrictions that have been in place from 27 May 2021.

Closed
Application detail:

Applications will remain open until 10 September or until program funds are exhausted, whichever is earlier.

What do you get?

Funding of up to $20,000.

Who is this for?

Victorian small to medium businesses, including employing and non-employing businesses.

Overview

The program aims to provide financial relief to businesses who are ineligible for other key COVID-19 Victorian Government business grant programs that have been announced since 27 May 2021.

What are the eligibility criteria?

To be eligible, businesses must:

  • be located within Victoria
  • as a direct consequence of COVID-19 restrictions since 27 May 2021, have experienced a reduction in turnover of at least 70% for a minimum consecutive 2-week period comparable to a benchmark period in 2019
  • have an annual Victorian payroll of up to $10 million in 2019-20 on an ungrouped basis
  • be registered for goods and services tax (GST) on and from 28 July 2021
  • hold an Australian business number (ABN) and have held that ABN on and from 28 July 2021
  • be registered with the responsible Federal or State regulator.

Employing businesses must also:

  • be registered with WorkSafe Victoria
  • attest that the business is supporting its workers to access any paid leave entitlements, or that if a person can work from home, to work from home during the COVID-19 restrictions, and supporting their casual workers, where possible.

Businesses that have received funding under any of the Victorian government COVID-19 support packages launched on or after 27 May 2021 are not eligible to apply for a grant under this program.

How do you apply?

Find out more about eligibility and how to apply at Small Business COVID Hardship Fund.

Contact information