Here’s a list of grants available to eligible small and medium sized businesses in Australia.
Please note that the grants and information in this article were current at the time of publishing, for up to date details we recommend checking with the relevant Government’s website, so we’ve included links.
Applications for the 2021 COVID-19 Business Support Grants will open at 12pm on 16 August.
Grants of $5,000 are up for offer to eligible small and medium businesses and not-for-profit organisations who were affected by August lockdowns.
To be eligible, you must:
- Employ staff
- Have a Queensland quarters
- Have an annual turnover of more than $75,000
- Have an annual payroll in Queensland of not more than $10 million
- Show or declare a reduction in turnover of 30% or more for a one week period that includes at least one full day of any of the Queensland lockdowns.
To ensure you are receiving up-to-date information, head to Business Queensland’s website for the latest updates.
$260 million package announced 2 August to support Queensland businesses
As Queensland entered lockdown on 31 July 2021, the Queensland Government has announced a new business package to support local businesses, particularly small and medium sized enterprises.
Eligible businesses will receive a payment of $5,000, on top of the COVID-19 disaster payments which were confirmed on 1 August 2021.
The grants will be available to not just businesses located in the lockdown areas but to all Queensland businesses, and large businesses that operate in the hospitality and tourism industry.
There will be more information to come and you can access it on the Business Queensland website.
COVID-19 Business Support Grant – July 2021
Eligible small and medium sized businesses in SA who had a significant loss of income or were forced to close because of the restrictions imposed from 20 July 2021.
Grants of $3,000 will be on offer for employing businesses and $1,000 for non-employing businesses whose turnover declined by 30% or more due to the restrictions in the week commencing 20 July 2021.
To be eligible businesses must meet the below criteria that’s outlined on the SA Government’s website.
To learn more about the grant or to apply, head to the South Australia Department of Treasury and Finance. Applications close 30 September 2021.
WA Tourism and Travel Agent Support Fund 2021 announced on 22 August
The Federal and State Governments have announced a new $16.7 million jointly funded package for businesses operating in the accommodation, tourism attraction and experience, tour and transport (travel and transfer services) and travel agents that have been affected by the lockdowns and border restrictions across Australia.
One off payments of between $2,000 and $10,000 are up for grabs to eligible businesses who can prove a reduction in turnover of at least 30 per cent.
More information about the Program and opening dates is available on the Tourism Western Australia website.
Need more help?
If you need help figuring out what grants your business may be eligible for or assistance with your application, our accounting, bookkeeping and finance experts are ready to help you. With offices in every State in Australia, our people are well equipped with all the information you need.