financial assistance

VIC Business Support Fund – Expansion

/in , /by

Grants to support Victorian businesses through renewed COVID19 restrictions

Applications for the program extended until 14 September 2020.

One-off grants will be available to eligible businesses under the Business Support Fund – Expansion program offering $5,000 for employing businesses in regional LGAs except Mitchell Shire and $10,000 for employing businesses in metropolitan Melbourne and Mitchell Shire.

The Victorian Government announced updated restrictions for Melbourne and regional Victoria to help slow the spread of coronavirus (COVID-19) in Victoria.

  • Stage 4 restrictions are in place from 6pm on Sunday 2 August for metropolitan Melbourne.
  • Stage 3 restrictions are in place from 11:59pm on Wednesday 5 August for Regional Victoria, including Mitchell Shire.

These restrictions mean that many businesses will have to operate in a limited capacity or can no longer operate.

To support businesses impacted by these restrictions, one-off grants will be made available to eligible businesses under the Business Support Fund – Expansion program:

  • $10,000 for employing businesses in metropolitan Melbourne and Mitchell Shire in recognition of spending longer under restrictions
  • $5,000 for employing businesses in regional local government areas (except Mitchell Shire)

Businesses which have already received a Business Support Fund – Expansion grant, or have applied for one, will not need to re-apply. Successful applicants will automatically receive this additional allocation.

Please note: updated guidelines, information and application form (for businesses outside metropolitan Melbourne and Mitchell Shire) will be available in the coming days.

This program is in addition to the first round of the Business Support Fund, which closed on 1 June 2020.

Before applying, please read the information provided on this page, including the Guidelines and FAQs, or call the team at Salisbury Accountants & Business Advisors in Albury-Wodonga on 02 6041 3014.

Source: Business Support Fund – Expansion. (3 August 2020). Retrieved from https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-support-package/business-support-fund