Government Business Support Fund

The return to Stay at Home restrictions from 11:59 on 8 July 2020 mean that businesses within metropolitan Melbourne or Mitchell Shire such as restaurants, cafes, pubs, gyms, indoor sporting venues, cinemas, live music, entertainment venues and other businesses are either restricted in their operations or can no longer operate. Further Stage 4 restrictions were announced on 02nd August for metropolitan Melbourne effective 6PM

Businesses within metropolitan Melbourne and Mitchell Shire that are affected by the return to Stay at Home restrictions may be eligible for a one-off, $10,000 (increased from $5,000 announced earlier) grant under the Business Support Fund - Expansion program and regional Victorian business may be eligible for a $5,000 grant.

Applications for the program now closes 14th September 2020 (extended from 19 August 2020).

Businesses can apply where they meet all the criteria listed below. They must:

· operate a business located in metropolitan Melbourne/Mitchell Shire and regional Victoria.

· be a participant in the Commonwealth Government’s JobKeeper Payment scheme

· employ people

· be registered with WorkSafe on 30 June 2020

· have an annual payroll of less than $3 million in 2019-20 on an ungrouped basis

· be registered for Goods and Services Tax (GST) as at 30 June 2020

· hold an Australian Business Number (ABN) and have held that ABN at 30 June 2020

· be registered with the responsible Federal or State regulator.

Businesses that have received funding from other components of the Victorian Government’s Economic Survival Package are eligible to apply for this program.

Source: https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-support-package/business-support-fund