Business Continuity Fund | Business Continuity Fund recipients will receive $5000. Businesses in Melbourne’s CBD that receive a Business Continuity Fund payment will receive an additional $2000 payment ($7000 total). |
Business Costs Assistance Program grants and top-up payments | Recipients of both the Business Costs Assistance Program Round Two and the Business Costs Assistance Program Round Two July Extension (now closed) are eligible for a series of automatic top-up payments. |
Commercial Tenancy Relief Scheme | Small to medium commercial tenants with an annual turnover under $50 million and a demonstrated decline in turnover of at least 30% due to the impact of COVID-19. The Victorian Small Business Commission (VSBC) will provide support to tenants and landlords through a free mediation service to assist parties in reaching a fair and satisfactory agreement. |
Small Business COVID Hardship Fund | $20,000 grants for eligible small and medium businesses that have experienced a reduction in turnover of at least 70%. Grant closes on 10 Sep 2021 |
Sole Trader Support Fund | $3000 grant to non-employing sole traders. Eligibility conditions include that the sole trader must operate from a premises that is not their residence and be a tenant of that business premises or be the owner/occupier. They must also be receiving JobKeeper and operate in an industry that has been closed or heavily restricted. |
SME Recovery Loan Scheme | SMEs with a turnover of up to $250 million that either received JobKeeper payments in the March quarter of 2021 or have been affected by the floods eligible LGAs in March 2021 can loan up to $5 million over a term of up to 10 years. Loans are made available from 1 April 2021 until 31 December 2021. |
Small Business Digital Adaptation Program | A rebate of $1200 to access selected digital business management tools for 12 months. Grant closes on 5 Dec 2021 |
Jobs Victoria Fund | Wage subsidies of up to $20,000 are available for eligible employers who hire eligible jobseekers. You can apply for a wage subsidy for up to 20 full-time equivalent employees depending on the size of your business. |
Business recovery and Resilience Mentoring | Up to four one-on-one mentoring sessions over a three-month period. Each session will last for two hours. Mentoring sessions will be conducted by phone, video conferencing and if appropriate, face-to-face. Grant closes on 31 Dec 2021 |