Deadline: 15-Oct-21
NSW Government is pleased to announce applications for Flood Disaster Recovery Small Business Grant Program to support small businesses and not-for-profit organizations directly impacted by the NSW Storms and Floods.
Objectives
- The Flood Disaster Recovery Small Business Grant is intended for small business owners to help pay for costs of clean-up and reinstatement of small businesses that have suffered direct damage as a result of the eligible disaster.
- The Flood Disaster Recovery Small Business Grant application period is effective for six months upon announcement of the grants. Extensions of the program may be considered following submission to the Commonwealth.
Funding Information
- The maximum grant amount for clean-up and reinstatement is $50,000.
- Funds of up to $15,000 will be provided to eligible, approved applicants, without the need to provide evidence of payment at the point of application. Such funds can be provided on the basis of quotes or estimates. Evidence of payment will be required in relation to that first $15,000, if the applicant seeks funding from above $15,000 to $50,000.
- Funds of between $15,000 to $50,000 will require evidence of payment at the time of application.
- Should an initial application be less than the maximum grant amount, further applications may be submitted if additional expenditure is required to complete clean-up and reinstatement activities. The maximum value of funds that may be given to each small business or not-for-profit organization, across all applications is $50,000.
Eligibility Criteria
- To be eligible for the grant, the small business applicant must:
- be a sole trader or a business employing fewer than 20 employees;
- hold an Australian Business Number (ABN) and have held that ABN at the time of the eligible disaster;
- own a small business located in the defined disaster area for the eligible disaster that has suffered direct damage as a result of the eligible disaster;
- have been engaged in carrying on the small business in a defined disaster area when affected by the eligible disaster; and
- be primarily responsible for meeting the costs claimed in the application; and
- be intending to re-establish the small business in the same area.
- In the instance of a small business being a sole trader who has no employees, the sole trader must:
- derive a majority of their income from the business; or?
- satisfy the administrating agency that:?
- immediately before the eligible disaster, the sole trader derived a majority of income from the business; and?
- the majority of income from the business and the sole trader’s income would have come from the small business again if not for the eligible disaster.
- To be eligible for the grant, the not-for-profit applicant must:
- be a not-for-profit organization;
- be registered with Australian Charities and Not-for-profits Commission (ACNC) or an equivalent State regulatory body and have held that registration at the time of the eligible disaster;
- be located in the defined disaster area for the eligible disaster and that has suffered direct damage as a result of the eligible disaster;
- be primarily responsible for meeting the costs claimed in the application; and
- be intending to re-establish the not-for-profit organization in the same area.
- An applicant may also be eligible for a grant if:
- The small business is located outside the defined disaster area for the eligible disaster but operates part-time or on some regular basis within the defined disaster area and that business’ plant and/or equipment was damaged.
- The not-for-profit organization is located outside the defined disaster area for the eligible disaster but operates part-time or on some regular basis within the defined disaster area and that not-for-profit organization’s plant and/or equipment were damaged.
For more information, visit https://www.service.nsw.gov.au/flood-disaster-recovery-small-business-grant-guidelines#eligibility-criteria