Small business COVID grants
Since the outbreak of the COVID-19 pandemic, Business NSW has been working with the NSW Government to develop measures that help soften the impact on businesses and help the economy recover. Applications for the $10,000 small business COVID-19 support grant close on June 1. To be eligible for this grant, you must:
- be based in NSW
- be a small business
- be registered with an ABN as at March 1, 2020
- have an annual turnover of more than $75,000
- employ 1-19 full-time workers as at March 1, 2020
- be able to report a payroll below the NSW 2019-2020 payroll tax threshold of $900,000
- have been highly impacted by Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 effective on March 31
- have experienced at least 75 per cent decline in turnover compared to the same two-week period in 2019, as a result of COVID-19 (for businesses that have been in operation for less than 12 months, refer to the guidelines)
- have unavoidable business costs not otherwise the subject of other NSW and Commonwealth Government financial assistance measures
For the full eligibility criteria and to apply visit:https://www.service.nsw.gov.au/transaction/apply-small-business-covid-19-support-grant.