Funding to help small businesses reopen after COVID-19

Small businesses across NSW will be able to apply for funding to help them safely reopen after the COVID-19 shutdown.

Under the new Small Business Recovery Grant, small businesses will be able to apply for funding up to $3000.

The grants can be used to cover marketing and advertising expenses, make fit-out changes and train staff in how to work safely under the current COVID-19 health conditions.

The funds are available from the existing $750 million Small Business Support Fund, which closes on Tuesday 30 June 2020.

Minister for Customer Service Victor Dominello said the new grants signalled a move from business survival to business revival.

“The existing grant program has proven very popular, with around 35,000 businesses receiving relief to cover expenses such as rates and phone bills,” Mr Dominello said.

“Applying for this new grant will be simple and easy, so businesses can focus on reopening safely and welcoming back customers.”

Applications will open on the Service NSW website from Wednesday 1 July 2020 until Sunday 16 August 2020.

This link is to detailed information on the Services NSW site – apply small business covid 19 recovery grant

Leave a Reply

Your email address will not be published. Required fields are marked *

Post Navigation

DISCLAIMER
Thompsons Australia Newsletters and articles are distributed by professional tax practitioners to provide information of general interest to our clients. The content of this newsletter does not constitute specific advice. Readers are encouraged to consult their tax adviser for advice on specific matters.