Small Business Hardship Grants WA


This program provides funding to Western Australian small and medium businesses that have experienced a significant reduction in revenue due to COVID-19.
Open

Closes in 31 days

Closing date: 30 Jun 2022

What you get?

Funding amounts vary.

Who is this for?

Small to medium businesses in Western Australia.

Overview

Funding is available to businesses that have experienced a 30% or more reduction in turnover in any 2-week period between 1 January 2022 and 30 April 2022, compared to an equivalent period in 2021.

Eligible applicants will receive a tiered grant payment, dependent on the number of full time equivalent (FTE) employees of the business. For the purpose of this calculation, the business owner is excluded from the FTE calculation.

The following grant tiers are available for businesses that have experienced at least a 30% decrease in turnover:

  • sole traders (non employing businesses) – $3,750
  • micro businesses (business owner, plus 1 to 5 employees) – $7,500
  • small businesses (business owner, plus 6 to 19 employees) – $15,000
  • medium businesses (business owner, plus 20 or more employees) – $37,500.

The following grant tiers are available for businesses that have experienced at least a 40% decrease in turnover:

  • sole traders (non employing businesses) – $5,000
  • micro businesses (business owner, plus 1 to 5 employees) – $10,000
  • small businesses (business owner, plus 6 to 19 employees) – $20,000
  • medium businesses (business owner, plus 20 or more employees) – $50,000.

What are the eligibility criteria?

To be eligible, applicants must:

  • verify their identity using MyGovID
  • be trading in Western Australia
  • have a valid and active Australian business number (ABN)
  • have an annual turnover of more than $50,000, excluding GST
  • have an Australia-wide payroll of less than $4 million
  • be able to demonstrate at least a 30% reduction in turnover for a consecutive 2-week period between 1 January and 30 April 2022, compared to an equivalent period in the previous year
  • be able to provide evidence of the number of employees and specified financial information
  • provide an unredacted PDF copy of their business bank statement showing 2022 transactions, a BSB, an account number and the business name associated with the application.

How do you apply?

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

Contact information