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Regional Business Grant

Regional Business Grant

Hard hit businesses eligible for $5000 grant

Regional businesses that suffer significant financial loss or will need to close as a result of stage 3 restrictions will be eligible for a $5000 grant.

Businesses such as gyms, bars, restaurants and cafes in regional Victoria can apply for the Business Support Fund, announced by the Premier Daniel Andrews yesterday.

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Mr Andrews said the government is working to get payments done as quickly as possible.

The Victorian Government announced stage 3 restrictions are in place from 11:59pm on Wednesday 5 August for Regional Victoria.

These restrictions mean that many businesses will have to operate in a limited capacity or can no longer operate.

To support businesses impacted by these restrictions, one-off grants will be made available to eligible businesses under the Business Support Fund – Expansion program:

-$5,000 for employing businesses in regional local government areas (except Mitchell Shire)

Businesses which have already received a BSFe grant, or have applied for one, will not need to re-apply. Successful applicants will automatically receive this additional allocation.

Applications for the program will be extended until 14 September 2020.

Updated guidelines and information will be provided in the coming days.

This program is in addition to the first round of the Business Support Fund, which closed on 1 June 2020.

https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-support-package/regional-tourism-accommodation-support-program

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