Funding for NT businesses and sole traders impacted during a COVID-19 lockdown period
Territory Business Lockdown Payment ProgramLast Updated: 16 February 2022
Territory Business Lockdown Payment Program
The Small Business Lockdown Payment provides financial support to businesses impacted during a COVID-19 lockdown period.
What you get?
A weekly support payment of between $1,000 and $4,000.
Who is this for?
NT businesses and sole traders.
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.
