Business Grants in nSW

2021 COVID-19 business grant A one-off payment between $7,500 and $15,000, depending on the decline in turnover experienced during the first 3 weeks of COVID-19 restrictions (26 June to 17 July 2021), to help businesses, sole traders or not-for-profit organisations impacted by the current COVID-19 restrictions.

Applications will close after 11:59pm on 13 September 2021.  
2021 COVID-19 micro-business grantA fortnightly payment for $1,500 for businesses with a turnover between $30,000 and $75,000. Applications will close after 11:59 pm on 18 October 2021.  
JobSaver paymentFortnightly payments to help maintain employee headcount (from 13 July) and provide cash flow support to businesses for costs incurred from week 4 of the COVID-19 restrictions (18 July 2021 onwards).

The payment will be equivalent to 40% of the weekly payroll for work performed in NSW:
minimum payment will be $1,500 per week
maximum payment will be $100,000 per week.

Applications will close after 11:59 pm on 18 October 2021. 
Loan guarantees The SME Recovery Loan Scheme is designed to support the economic recovery, and to provide continued assistance, to firms currently on JobKeeper.The Government will work with lenders to ensure that eligible firms will have access to finance to maintain and grow their businesses when JobKeeper ends.

The scheme is designed to support small-to-medium enterprises including sole traders and not-for-profits.  
Service NSW COVID-19 Assistance FinderBusiness owners experiencing difficulties due to COVID-19 can find the benefits, rebates and concessions available to them using the Service NSW COVID-19 Assistance Finder. 

The Assistance Finder is an easy-to-use online tool that lists the options for financial support best suited to your circumstances.
Financial counselling for small businesses in regional areas The Australian Government has committed more than $4.7 million to provide small regional businesses affected by COVID-19 with access to free and confidential financial counselling.

The funding would help eligible small businesses access the immediate advice and assistance they need to keep afloat and navigate the road to recovery.

Regional small businesses can register their interest by calling 1300 771 741.
Updated 13 Sept 2021
Posted in

RELATED ARTICLES

TPAR Cons

Be A Good Scout! Be Prepared!  

IN8 Portal2

Why use the IN8 Client Portal?

LIKE THIS ARTICLE?

Leave a Comment

Your email address will not be published. Required fields are marked *