Deadline: 30-Sep-22
If your small business or not-for-profit organisation in northern NSW was impacted by storms and floods in February and March 2022, you may be eligible for a one-off $10,000 small business northern flood grant.
Your small business or not-for-profit organisation must be physically located and operating in one of the following highly impacted Northern Rivers local government areas (LGAs) to be eligible:
- Ballina
- Byron
- Clarence Valley
- Lismore
- Kyogle
- Richmond Valley
- Tweed Shire
Funding Information
- Eligible small businesses will receive a one-off grant of $10,000.
- Only one application can be submitted for a single ABN.
- Only one application is permitted where there are multiple businesses under a single ABN.
How funding may be used
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This grant is to help pay for your business’ operating costs during your immediate recovery period. Covered costs could include, but are not limited to:
- salaries and wages
- utilities and rent
- government fees and charges (including local government rates)
- financial, legal or other services
- marketing or communications
- perishable goods
- other business costs.
Eligibility Criteria
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You must be a small business owner or a not-for-profit organisation physically located and operating in an eligible Northern Rivers LGA and:
- have an active ABN, registered on or before 1 January 2021
- if you are charity, be registered with the Australian Charities and Not-for-profits Commission (ACNC)
- have derived at least $75,000 in GST turnover in the financial year ended 30 June 2021 or 30 June 2020
- had an aggregated annual turnover of between $75,000 and $10 million (inclusive) for the financial year ended 30 June 2021 or 30 June 2020
- experienced a decline in turnover of 40% or more due to the impacts of flooding during the entire month of March 2022 compared to the entire month of March 2021 or March 2020, and
- intend to continue operating or re-establish operations within the highly impacted Northern Rivers LGAs.
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You may also be eligible if:
- your business operates in an eligible LGA but your ABN is registered at an address outside these areas
- your new business was not operating on 1 January 2021
- you are a sole trader impacted by sickness, injury or leave.
- If you're a business with no employees and you fulfill the criteria, you are eligible to apply if you can show that you derive more than 50% of your total income from the small business. If you have more than one non-employing business, you can claim a grant for only one of the businesses.
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Your business is not eligible for this grant if:
- your business' decline in turnover is for reasons other than flooding, such as seasonal variations, closing for holidays, or renovations
- you derive more than 50% of your earnings from passive income, such as rents, interest, or dividends
- you're a government agency, local government, bank, university, or similar entity.
For more information, visit NSW Government.
For more information, visit https://www.service.nsw.gov.au/transaction/apply-small-business-northern-flood-grant