Funding for NT businesses and sole traders impacted during a COVID-19 lockdown period

The Small Business Lockdown Payment provides financial support to businesses impacted during a COVID-19 lockdown period.

Overview

This program has been established to provide immediate financial support to businesses and sole traders during a lockdown period.

What are the eligibility criteria?

To be eligible, businesses must:

• be a Territory enterprise
• hold an Australian business number (ABN) as at the date of announcement of the lockdown
• is located within a declared lockdown area
• have been providing goods and/or services to the public wholly or substantially in the NT as at the date of announcement of the lockdown
• be actively trading with an annual turnover of at least $75,000 and less than $10 million
• have fewer than 20 full-time equivalent (FTE) employees
• have had to temporarily ceased or significantly reduced trading (i.e. a drop of 50% or more in turnover) as a direct result of the lockdown.

How do you apply?

Find out more about eligibility and how to apply at Territory Business Lockdown Payment Program.