Apply for a $10,000 Small Business Northern Flood Grant (Australia)

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

• 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

• 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.
• 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.
• 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