Deadline: 24-Jun-21
The Victoria State Government has announced the applications for Business Costs Assistance Program two to support Victorian businesses most affected by the May-June 2021 circuit breaker action.
Funding Information
The total value of a grant under the Program is up to $5,000. For businesses that meet the standard eligibility criteria:
- businesses that were directly affected by the circuit breaker industry restrictions between 28 May up to and including 3 June 2021 will be eligible for funding of $2,500;
- businesses that remain directly affected by the circuit breaker industry restrictions on and from 4 June 2021 will be eligible for funding of $5,000.
Funding Use
Grant funds must be used to assist the business, for example on:
- Meeting business costs, including utilities, wages or rent;
- Seeking financial, legal or other advice to support business continuity planning;
- Developing the business through marketing and communications activities; or
- Any other supporting activities related to the operation of the business.
Eligibility Criteria
- To be eligible for the Program, a business must:
- Be located within Victoria
- Be registered as operating in an eligible industry sector identified in the List of Eligible ANZSIC classes (as defined by the ANZSIC class linked to the business’ ABN
- Have incurred direct costs as a result of the circuit breaker action and the business cannot predominantly operate remotely; and
- Have an annual Victorian payroll of up to $10 million in 2019-20 on an ungrouped basis
- Be registered for Goods and Services Tax (GST) on 27 May 2021
- Hold an Australian Business Number (ABN) and have held that ABN at 27 May 2021
- Be registered with the responsible Federal or State regulator
- For employing businesses only:
- Be registered with WorkSafe Victoria
- Attest that the business is supporting its workers to access any paid leave entitlements, or that if a person can work from home, to work from home during the circuit breaker action, and supporting their casual workers, where possible.
- Other eligibility conditions
- Businesses that have received assistance through the Business Support Fund, payroll tax rebate/waiver, or other COVID-19 programs may apply for assistance under the Program
- Businesses that receive a grant under the 2021 round of the Licensed Hospitality Venue Fund (LHVF21) are not eligible for a grant under the Program
- Organizations that operate a private gender-exclusive club where membership is only by invitation or nomination by an existing member are not eligible for assistance under the Program.
- Demonstration of eligibility
- Applicants must attest that they meet the eligibility criteria at the time of application and intend to remain trading at the end of the circuit breaker action. Applicants will also need to meet the eligibility criteria at the time the application is assessed by the Department of Jobs, Precincts and Regions (DJPR).
- Industry sector: To be eligible, an Applicant’s primary business activity must be in an eligible industry sector and this must be reflected in the Applicant’s ABN registration information. Applicants should check that their details on the Australian Business Register website are correct prior to submitting an application. This includes ensuring that the industry classification (ANZSIC class code) linked to their ABN registration correctly captures their primary business activity.
- Identity Documents: Applicants must provide details of a current proof of identity document. This must be one of the following:
- a driver licence or learner permit issued in any Australian jurisdiction; or
- an Australian Passport; or
- a Medicare Card; or
- a foreign passport for those issued with an Australian Visa.
- If the current proof of identity is unable to be confirmed, Applicants will receive a follow-up email with instructions to amend their proof of identity details. If the applicant does not then rectify proof of identity details before the Program close date, the application will not be considered by the Department for this Program.
For more information, visit https://bit.ly/3iprtLq