NSW Government: 2021 COVID-19 business Grant (Australia)

Deadline: 13-Sep-21

The NSW Government has announced the applications for its 2021 COVID-19 business Grant to help businesses survive the lockdown so they can continue to support employment and the economy after restrictions are lifted.

While not subject to stay-at-home orders, additional restrictions have been imposed across regional New South Wales. Border restrictions have also been imposed by Victoria, Western Australia, South Australia and Queensland. Collectively, these restrictions (‘Public Health Orders’) have occurred over the school holidays, a peak period for many businesses.

The Public Health Orders have created challenges for many businesses across New South Wales that will either be forced to close or experience reduced demand.

Funding Information

Eligible businesses (including non-employing businesses such as non-employing sole traders) and not-for-profit organisations can apply for a one-off grant of $7,500 (tier one) or $10,500 (tier two) or $15,000 (tier 3) via one application:
- $7,500 (tier one): Businesses that have experienced a decline in turnover of 30% or more due to the Public Health Orders will be eligible for a grant of $7,500.
- $10,500 (tier two): Businesses that have experienced a decline in turnover of 50% or more due to the Public Health Orders will be eligible for a grant of $10,500.
- $15,000 (tier three): Businesses that have experienced a decline in turnover of 70% or more due to the Public Health Orders will be eligible for a grant of $15,000.
Eligible businesses may only receive one grant tier.
Only one grant is available for a single ABN.
Multiple businesses under a single ABN are only eligible for one grant.

Eligibility Criteria

Businesses and not-for-profit organisations that have been impacted by the Public Health Orders will be eligible for the $7,500 (tier one) grant if they:
- have an Australian Business Number (ABN) and were operating in New South Wales as at 1 June 2021;
- have total annual Australian wages of $10 million or less as at 1 July 2020;
- had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020;
- have business costs for which there is no other government support available;
- have experienced a decline in turnover of 30% or more due to the Public Health Orders over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to the same period in June and/or July 2019;
- maintain their employee headcount as at 13 July 2021 for the period for which the business is receiving payments under this Grant and the JobSaver scheme.
Businesses and not-for-profit organisations will be eligible for the $10,500 (tier two) grant if they:
- meet the eligibility criteria for the $7,500 (tier one) grant set out in Section 3.1, except they must:
  - have experienced a decline in turnover of 50% or more due to the Public Health Orders over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to the same period in June and/or July 2019.
Businesses and not-for-profit organisations will be eligible for the $15,000 (tier three) grant if they:
- meet the eligibility criteria for the $7,500 (tier one) grant set out in Section 3.1, except they must:
  - have experienced a decline in turnover of 70% or more due to the Public Health Orders over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to the same period in June and/or July 2019.