The Victorian Government has launched the $500 million Business Support Fund to help small businesses survive the impacts of the coronavirus (COVID-19) pandemic and keep people in work.
The Fund is part of the Victorian Government’s $1.7 billion Economic Survival Package.
Businesses are eligible to apply for a grant through the Fund if they meet the following criteria:
Have been subject to closure or highly impacted by shutdown restrictions announced by the Victorian Government to-date; and
Employ people; and
Have a turnover of more than $75,000; and
Have payroll of less than $650,000; and
Hold an Australian Business Number (ABN) and held that ABN at 16 March 2020 (when the State of Emergency was declared); and
Have been engaged in carrying out the operation of the business in the Australian State of Victoria on 16 March 2020.
For more information visit the Business Support Fund information on the business.gov.au website, or contact us.