Government support and grants available for business

17 September 2020

The State Government has announced its $3 billion Business Survival and Adaptation Package. The package provides new measures to further support Victorian businesses, particularly sole traders. The package has three main categories aimed at helping businesses prepare for 'COVID normal business':

1. Business Survival;
2. Business Adaptation; and
3. Waivers and Deferrals

Eligible businesses will receive cash grants of between $10,000 and $30,000. Other forms of support include payroll tax deferral, waiving of liquor licence fees and stamp duty discounts for regional Victoria. See the link below for a summary of the Business Survival and Adaptation Package. The summary also includes links for applying online for grants and application deadlines.

https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package

Alpine Support Program

State Government has committed $4.3million to alpine resort businesses, providing grants of up to $20,000 to help cover their resort fees. Guidelines for this program are currently being developed and will be circulated to stakeholders when available.

Australian owned head lessees who qualified for rent relief and therefore exhibited a level of commerciality, and have an ABN/ACN will be eligible for support under the Alpine Resorts Program. Those who are eligible for the program will have up to $20k paid towards their service charges with the MHARMB. If a head lessee has already benefited from the Business Support Fund Round 1 and/or 2 grants offered across the State, this will be deducted from the Alpine Resorts Program allocation.

Grant funding you may be eligible for

Updated 17 November 2020

We have identified a number of grants that your business may be eligible for. We will aim to provide you with regular updates highlighting available funding and new grant opportunities.

See below for grants currently available for businesses - more detail about each grant is available in this document: Available grants for businesses
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Business Support Fund - https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/business-support-fund-3

Licensed Hospitality Venue Fund - https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/licensed-hospitality-venue-fund

Sole Trader Support Fund - https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/sole-trader-support-fund

Outdoor Eating and Entertainment Package Grants - https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-resilience-package/outdoor-eating-and-entertainment-package

Hospitality Business Grant Program - https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-support-package/hospitality-business-grant-program

Regional Tourism Bushfire Recovery Grants - https://www.austrade.gov.au/Australian/Tourism/Tourism-and-business/Grants/regional-tourism-bushfire-recovery-grants

Small Business Bushfire Support Grant - https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/small-business-bushfire-support-grant#

Victorian Government COVID-19 Business Tax Refund - https://business.gov.au/Grants-and-Programs/COVID19-Tax-Relief-Measures-VIC

Coronavirus Small and Medium Enterprise (SME) Guarantee Scheme - https://treasury.gov.au/coronavirus/sme-guarantee-scheme