Australia: Up to $200,000 available under Northern Rivers Medium Size Business Grant

Deadline: 30-Jun-23

If you’re a medium business or a not-for-profit organisation in the Northern Rivers and you’ve experienced direct damage as a result of storms and floods in February and March 2022, you may be eligible for the Northern Rivers medium size business grant.

This grant of up to $200,000 is to help pay for the costs of clean-up and reinstatement of a medium business or not-for-profit organisation’s operations.

To be eligible, you must be a medium business or a not-for-profit organisation located in one of the following local government areas (LGAs):

• Ballina
• Byron
• Clarence Valley
• Kyogle
• Lismore
• Richmond Valley
• Tweed Shire.

Funding Information

• The maximum grant amount available is $200,000.
• Funds of up to $25,000 will be provided to eligible, approved applicants based on quotes or estimates submitted in your application. You do not need to provide evidence of payment at this stage.
• If you submit another application, bringing your total claim to more than $25,000, you will need to provide evidence of payment for all funds, including the first $25,000 you claimed.
• To receive funds of between $25,000 to $200,000, you will need to submit evidence of payment of the relevant costs at the time of application.
• If your initial grant application is for an amount less than $200,000, you can submit further applications if you require additional funds to complete eligible clean-up and reinstatement activities.

Eligibility Criteria

• You must be a medium business owner or a not-for-profit organisation in an eligible LGA and:
  • have suffered direct damage – ‘direct damage’ means a direct and material impact of flooding on business assets or equipment
  • be responsible for meeting the costs you are claiming
  • intend to re-establish your medium business or not-for-profit organisation within the same area
  • have employed a minimum of 21 and less than 200 full-time equivalent employees as at 22 February 2022.
• If you are a medium business, you must:
  • have held an ABN (which you currently hold) as at 22 February 2022
  • be structured as a company, joint venture, partnership or trust.
• If you are a not-for-profit organisation, your principal objective must not be the generation of profit, and you must be:
  • registered with the Australian Charities and Not-for-profits Commission (ACNC) or an equivalent state regulatory body and have held that registration as at 22 February 2022, or
  • registered as an incorporated association or cooperative with Fair Trading NSW and were registered on or before 22 February 2022, or
  • deemed to be a not-for-profit organisation, in accordance with the current Australian Accounting Standards Board (AASB) on or before 22 February 2022.
  • You may also be eligible under hardship circumstances at the discretion of Service NSW and Regional NSW.

Ineligible

• The grant is not available:
  • if you’ve received funding or assistance from any other government source or program or donation for your medium business or not-for-profit organisation and that funding or assistance has met the same costs you are claiming in your application
  • if you’ve received or are entitled to receive the expenses you are claiming under an insurance policy
  • to cover loss of income as a result of the eligible disaster
  • if your medium business or not-for-profit organisation is a body corporate, farm enterprise, superannuation fund or personal investment vehicle
• if you’ve received a:
  • February and March 2022 storm and flood disaster recovery small business grant of up to $50,000
  • $10,000 small business northern flood grant
  • Primary producer special disaster grant of up to $75,000 for the February 2022 NSW floods.
• Note: If you have applied for one of the grants and believe you may be eligible for the Northern Rivers medium size business grant.

For more information, visit Northern Rivers Medium Size Business Grant.