The Victorian Government has announced a third round of Business Support Fund Grants!

by | Sep 15, 2020 | Uncategorised

Lark Business Advisory - $10K Business Grants for Small Business

The Victorian Government has announced a third round of the Business Support Fund to provide direct financial support to businesses impacted by restrictions in Victoria.

Grant applications open on Friday 18 September 2020.

The amount of grants available from this program range from $10,000 to $20,000 depending on the business’ annual payroll. To be eligible for a grant from this program, applicants must:

·        operate a business located within Victoria; and

·        participate in the Commonwealth Government’s JobKeeper Payment scheme; and

·        employ people and be registered with WorkSafe; and

·        have had an annual payroll of less than $10 million in 2019-20; and

·        be registered for Goods and Services Tax (GST); and

·        hold an Australian Business Number (ABN); and

·        be registered with the responsible Federal or State regulator.

An eligible business will receive:

·        $10,000 if its annual payroll is less than $650,000

·        $15,000 if its annual payroll is between $650,000 and $3 million

·        $20,000 if its payroll is between $3 million and $10 million.

A full list of the eligibility criteria for a grant will be published when applications open.

Please contact our office urgently so that we can determine both your eligibility and make the application on your behalf.

Kind Regards,

Eric Cirulis
Director/CEO