NSW COVID-19 GRANT OPEN NOW

 

NSW Government COVID-19 Business Grant The COVID-19 Business Grant is now open for applications. Please note, this is different to the JobSaver Grant that will open next Monday. COVID-19 Business Grant If you’re a business, sole trader or not-for-profit organisation in NSW and you've been impacted by the recent COVID-19 restrictions, you may be eligible for a one-off grant of $7,500, $10,500 or $15,000.   To be eligible for the grant, you must: have an active Australian Business Number (ABN) demonstrate your business was operating in NSW as at 1 June 2021 have had total annual Australian wages of $10 million or less as at 1 July 2020 have had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020 have business costs for which there is no other government support available maintain your employee headcount as at 13 July 2021. Three different grant amounts will be available depending on the decline in turnover experienced over a minimum 2-week period from 26 June 2021 to 26 July 2021, compared to the same period in 2019: $7,500 for a decline of 30% or more $10,500 for a decline of 50% or more $15,000 for a decline of 70% or more. Businesses and not-for-profit organisations on the NSW border with Victoria impacted by the stay-at-home orders that began on 27 May 2021 may use a different comparison period to demonstrate a decline in turnover. For each of the 3 grant amounts, these businesses must demonstrate a decline in turnover over a minimum 2-week period from 27 May 2021 to 26 July 2021.   Applications opened this morning (19 July) however due to the demand, Service NSW has temporarily suspended applications. They expect to have their systems back up and running later today. We do anticipate their systems may be slow or have further outages over the next few days. The grants are open for application until 13 September, so there is still ample time to allow the systems to come back online.   The full details of the grant are here: https://www.service.nsw.gov.au/2021-covid-19-business-grant-guidelines#definitions    NEXT STEPS You need to get ready to avoid delays in the completion of any support measure applications. Ensure your business and contact details are up to date with the Australian Business Register (ABR). Ensure your personal, contact and business details are up to date in your MyServiceNSW Account and your Service NSW Business Profile. If you don’t already have one, create a MyServiceNSW Account and business profile.