Closure of Impacted Business Grant WA

This program provides funding for WA businesses reliant on native timber to exit the industry.
Open
Closes in 168 days

Closing date: Tuesday 31 December 2024 Tue 31 Dec 2024

What do you get?

Funding of up to $50,000.

Who is this for?

WA businesses reliant on the native timber industry.

Overview

Funding is available for businesses reliant on the native timber industry to help with expenses associated with closing their businesses. Financial assistance is provided in a 2-stage application process:

  • Stage 1 – Business closure schedule: eligible businesses may apply for up to $5,000 to seek professional support in the decision to close and develop a business closure schedule.
  • Stage 2 – Closure activities: businesses that have successfully applied for stage 1 can then access up to a further $45,000 to undertake specific activities in their business closure schedule.

Check if you can apply

To be eligible, applicants must meet the following criteria:

  • be a WA business operating within the native forestry industry for at least 3 years prior to and at the time of the announcement on 8 September 2021
  • have a valid and active Australian business number (ABN) or Australian company number (ACN)
  • not have any pending litigations or insolvency processes underway
  • be able to demonstrate at least 50% reliance on the native timber industry over at least one financial year between 2019-2020 to 2021-2022
  • be registered for goods and services tax (GST) with a minimum turnover of $75,000
  • not have received funding through any other Native Forest Transition grant program.

Apply now

Apply for the Closure of Impacted Business Grant WA

Find out more about your eligibility and how to apply.

Learn how to apply

Contact information

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