Only couple of weeks until the applications for NSW Covid-19 Business Grant close!
Who can apply for NSW Covid-19 Business Grant?
Funding is available to support businesses, sole traders and not-for-profits that have experienced reduced demand or have had to close due to the public health orders.
It will support businesses with cash flow for the first 3 weeks of the Greater Sydney lockdown, which started on 26 June 2021.
Eligible applicants across NSW can use the grant for business costs incurred from 1 June 2021, including:
utilities, wages and rent
financial, legal or other advice to support business continuity planning
marketing and communications activities to develop the business
the cost of perishable goods that can no longer be used
other activities to support the operation of the business.
Three different grant amounts will be available depending on the decline in turnover experienced over a minimum 2-week period from 26 June 2021 to 17 July 2021, compared to the same period in 2019:
$7,500 for a decline of 30% or more
$10,500 for a decline of 50% or more
$15,000 for a decline of 70% or more.
Are you eligible for NSW 2021 COVID-19 business grant ?
To be eligible for the grant, you must:
have an active Australian Business Number (ABN)
demonstrate your business was operating in NSW on 1 June 2021
have had total annual Australian wages of $10 million or less on 1 July 2020
have had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020
have business costs for which there is no other government support available
have experienced a decline in turnover of 30% or more due to the public health order over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to:
the same period in 2019, or
the same period in 2020, or
the 2 weeks immediately prior to any restrictions of 12 June to 25 June 2021 (inclusive).
for employing businesses, maintain your employee headcount from 13 July 2021 while receiving payments from this grant. See the guidelines for definitions.
for non-employing businesses, have your primary income source come from this business. If you have more than one non-employing business, you can only claim payments for one business.
You can apply on ServiceNSW – make sure to get in touch if you need help.
