Applications for the NSW state government small business COVID-19 support grant have been extended to June 30.
The criteria for funding has also been extended to include micro-breweries, cellar doors and events, and commercial vessel businesses.
If any small business or non-profit organisation has experienced a significant decline in revenue as a result of COVID-19, they might be eligible for a small business support grant of up to $10,000.
The grant supports the ongoing operations of small businesses including expenses such as utilities, council rates, telecommunication charges, insurance premiums, professional advice, wages for an employee not eligible for JobKeeper payment, franchise fees or paying creditors if your business is closing.
To be eligible, a business must be registered with an ABN, have an annual turnover of more than $75,000 and employ fewer than 20 full-time equivalent workers, and to have experienced at least a 75 percent decline in turnover compared to the same two-week period in 2019.
Parliamentary Secretary for Central Coast, Adam Crouch, said already there had been 1,429 Central Coast businesses apply for the grant.
“This $10,000 grant is all about keeping people in jobs and businesses in business as we pivot from a health response to economic recovery,” he said.
“This is part of the biggest small business support package in NSW history, with a total $9.4B in financial support is available to businesses from the NSW Government.”
Source:
Service NSW website
Media release, June 3
Parliamentary Secretary Central Coast, Adam Crouch