Fresh support announced as NSW gets back to business
As part of the Economic Recovery Strategy, the NSW Government has committed to providing a Summer Holiday Stock Guarantee grant for Small and Medium Enterprises.
Under the SME Summer Holiday Stock Guarantee, hospitality and retail businesses will be able to apply for a grant of up to $20,000 to compensate for loss of perishable stock, or claim $10,000 for reduced capacity to sell non-perishable items, if they’re forced to close their doors between 1 December 2021 to 31 January 2022, due to a public health order.
Eligible hospitality and retail businesses with an annual turnover between $75,000 and $50 million will be able to apply via the Service NSW website: https://www.service.nsw.gov.au/.
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