The Victorian Government’s Business Support Fund is now open for applications. 

The $500 million fund was established to help small businesses that have been subject to closure or highly impacted by shutdown restrictions announced by the Victorian Government to date *. 

It intends to assist small businesses to survive the impacts of the Coronavirus (COVID-19) pandemic and keep people in work.

Eligible businesses can apply for a one-off $10,000 grant which can be used towards costs such as utilities, rent and salaries, and activities to support business continuity planning

https://www.dhhs.vic.gov.au/sites/default/files/documents/202003/Non-Essential-Activity-Directions-No-2.pdf

Eligibility requirements

Businesses are eligible to apply for a grant through the Fund if they meet the following criteria:

How can the Funding be used

Examples of what the grant funding could be used for include:

  • Meeting business costs, including utilities, salaries, rent
  • Seeking financial, legal or other advice to support business continuity planning
  • Developing the business through marketing and communications activities
  • Other supporting activities related to the operation of the business.

Evidence of eligibility & compliance

  • Applicants must certify in writing that they meet the eligibility criteria.
  • Applicants will be subject to audit by the Victorian Government or its representatives and will be required to produce evidence, such as payroll reports to demonstrate impact, at the request of the Victorian Government for a period of four years after the grant has been approved.
  • If any information in the application is found to be false or misleading, or grants are not applied for the purposes stated in the terms of funding and application, the grant will be repayable on demand.

How to apply

Applicants must submit an application online via the Business Victoria Website

All questions in the application must be completed and any requested documentation attached to ensure timely assessment and grant payment.Applicants are required to provide a copy of their most recent Business Activity Statement (BAS). Other supporting materials can also be provided.

If you require assistance with this please contact your CSCG Adviser on 9974 8333 or click the below button to request a call back.