$3,000 Small Business COVID-19 Recovery Grant

News
August 4, 2020

Did you know NSW eligible small businesses, not-for-profits, and other business types that have fewer than 20 Full Time Equivalent (FTE) staff (including non-employing businesses, such as sole traders) as at 1 March 2020 can apply for recovery grants of $500 to $3,000?

There's never been a better time to get your business website online, get some vehicle graphics printed for the car, truck or ute, run an advertising campaign or give your business a rebrand.

Applications close on 16 August so get to it! Here's what to do:

Firstly, the details.

Here's all the information below from the NSW Government regarding the grant:

The NSW Government is gradually lifting the restrictions on movement and business trading that were designed to reduce the spread of COVID-19. This means some businesses can now reopen.

If your small business or not-for-profit organisation has experienced a decline in turnover as a result of COVID-19, you may be eligible for a small business recovery grant of between $500 and $3,000.

This grant helps small businesses meet the costs of safely reopening or up-scaling operations. These expenses include, but are not limited to:

  • marketing, communications and advertising
  • digital solutions (for example, e-commerce or business websites).

This grant can only be used for purchases of eligible expenses made from 1 July 2020, and only where no other government support is available.

Note: Applications close 11:59pm Sunday 16 August 2020. Late applications will not be accepted.

Now, check your eligibility.

To be eligible for this grant, you must as at 1 March 2020:

  • be a small business or a not-for-profit organisation (see guidelines) based in NSW
  • have an ABN registered in NSW (make sure all your business details are up to date on the Australian Business Register - this is used to determine eligibility)
  • have an annual turnover of more than $75,000 (a Business Activity Statement must be provided as evidence). Where a small business does not submit a BAS to the Australian Tax Office, and meets all other criteria, the small business should contact Service NSW to discuss further. In these cases, an income tax declaration may be accepted as evidence of an annual turnover of $75,000.
  • employ less than 20 full-time equivalent (FTE) staff (non-employing businesses can apply)
  • be able to report a payroll below the NSW 2019-2020 payroll tax threshold of $900,000
  • be in a highly impacted industry by the Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 (see guidelines)
  • have experienced at least 30% decline in turnover from March to July 2020 compared to the equivalent period (of at least 2 weeks) in 2019
  • have costs associated with safely reopening or up-scaling your business from 1 July 2020.

Note: If you have received a COVID-19 small business support grant of up to $10,000, you may also be eligible to apply for the $3000 COVID-19 small business recovery grant.

Then, contact Vitalic Design Co for a free quote.

After you've checked your eligibility, get in touch for a free quote for any design solutions you would to implement, whether it's a new website, advertising campaign, business rebranding or vehicle graphics.

Click here for more information or click here to login to Service NSW and apply now.

Does your business need a solution like this?

Let's talk