26th February 2021   |   Grants

Homebuyer Fund

The new $92 million Business Costs Assistance Program is part of the Victorian Government’s $143 million Circuit Breaker Action Business Support Package and will assist small businesses, including sole traders, in highly impacted sectors, such as hospitality, food wholesaling, tourism, events, and selected retail. The program offers grants of $2000 to small businesses, including sole traders, regardless of whether they employ people or not. The grants will support businesses in eligible sectors who have incurred direct costs because of the circuit breaker action, such as the loss of perishable goods, flowers and booking cancellations, and cancellation fees and charges. Businesses with an annual payroll of up to $3 million, whether they have employees or not, can receive grants of $2000.

The link below provides details on how to apply for the grant should your business be eligible.

https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/circuit-breaker-action-business-support-package/business-costs-assistance-program

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