Ph: 0422 311 350

NSW Government - Small Business Support Grant $10,000

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The NSW Government has announced on 2 April 2020 that they will put $750 million into the Small Business Support Fund as the centrepiece of a third wave of support measure to keep small business afloat. Many local cafes, restaurants, corner shops, gyms and small accommodation providers will be eligible to apply.

The application form will be available on the Service NSW website by 17 April 2020.


To be eligible, the business will need to:

  • Have between 1-19 employees and a turnover of more than $75,000.

  • A payroll below the NSW Government 2019-20 payroll tax threshold of $900,000.

  • Have an ABN as at 1 March 2020, be based in NSW and employ staff as at 1 March 2020.

  • Be highly impacted by the Public Health order 2020 issued on 30 March 2020.

  • Use the funding for unavoidable business costs such as utilities, overheads, legal costs and financial advice.

  • Provide appropriate documentation upon application.


Eligible industries, those that have been subject to closure or highly impacted by NSW Government health restrictions, include:

  • Retail trade

  • Accommodation and food service

  • Rental, hiring and real estate services

  • Administrative and support Services

  • Arts and recreation Services.


Here is the website link: https://preview.nsw.gov.au/news/10000-grants-to-provide-fast-relief-for-nsw-small-businesses-battling-covid-19.

If you require any further assistance please let us know.


Our office

Phone
0422 311 350

Email

Address
3/2a Martin Place
Mortdale NSW 2223

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