The ‘Southern border small business support grant’ is designed to provide immediate, short-term cashflow assistance to help businesses survive or adapt to the changed circumstances.
Funding Available
The grant amount will be tiered based on the business’s decline in turnover:
- the first tier of $5000 is for small businesses, with or without employees (including non-employing sole traders) that have suffered at least a 30% decline in turnover as a result of the border closure
- the second tier of $10,000 is for small businesses that employ between 0.5 and 20 full-time equivalent (FTE) staff, that have suffered at least a 75% decline as a result of the closure.
Eligibility
Businesses in the following Local Government Areas (LGAs) are eligible to apply:
- Albury
- Balranald
- Berrigan
- Bega Valley
- Edward River
- Federation
- Greater Hume Shire
- Hay
- Murray River
- Murrumbidgee
- Snowy Monaro
- Snowy Valleys
- Wentworth
The grants can only be used for eligible expenses:
- incurred following the introduction of the New South Wales and Victoria border permit scheme on 8 July 2020
- for which no other government support is available. For example, the grant cannot be used to pay wages for staff eligible for JobKeeper.
Key Dates
Further information on eligibility criteria will be available prior to the application opening date of 8 September 2020.
For more information, head to the NSW Government website.