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$45 MILLION FOR SOUTHERN BORDER SMALL BUSINESSES

Published: (Updated: ) in Australian News by .

NSW small businesses will benefit from a new $45 million grant program designed to cushion the economic impacts of the southern border closure. Businesses in 13 Local Government Areas along the NSW and Victorian border will be able to apply for $5,000 and $10,000 grants through Service NSW from Tuesday, 8 September. Premier Gladys Berejiklian … Continue reading “$45 MILLION FOR SOUTHERN BORDER SMALL BUSINESSES”

NSW small businesses will benefit from a new $45 million grant program designed to cushion the economic impacts of the southern border closure.

Businesses in 13 Local Government Areas along the NSW and Victorian border will be able to apply for $5,000 and $10,000 grants through Service NSW from Tuesday, 8 September.

Premier Gladys Berejiklian said the Southern Border Small Business Support Grant is designed to support small businesses doing it tough through the current border restrictions.

“Thank you again to the border communities for your patience during this very difficult time,” Ms Berejiklian said.

“We know people in border communities like Albury-Wodonga, Yarrawonga-Mulwala and Echuca-Moama usually move between towns, with closures having a significant impact on day-to-day business.

“The NSW Government is investing in targeted relief to help ease the pressures and costs of keeping businesses open while borders remain closed.”

Deputy Premier and Minister for Regional NSW John Barilaro said the $45 million grant program includes two tiers of targeted support.

“While we are in these unprecedented times, we are committed to keeping local jobs in local communities,” Mr Barilaro said.

“The first tier of $5,000 is for employing and non-employing small businesses, such as non-employing sole traders, that have suffered at least a 30 per cent decline in turnover as a result of the border closure.

“The second tier of $10,000 is for employing small businesses that have suffered at least a 75 per cent decline as a result of the closure.”

Treasurer Dominic Perrottet said the grants would help keep people in jobs and businesses in business while Victoria battles its second wave of COVID-19.

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“Small businesses are the lifeblood of local communities, with many grocery stores and mechanics being independently owned,” Mr Perrottet said.

“The Grants can be used to pay for unavoidable expenses such as utilities, as well as to develop marketing and communication materials or to diversify their offerings to help businesses adapt to the new environment.”

Minister for Finance and Small Business Damien Tudehope said the grants would be available from Tuesday, 8 September for six weeks until Sunday, 18 October 2020 and small business owners could apply via the Service NSW website.

“The NSW Government has worked hard over the past four months to roll out the Small Business Support Grant and the Small Business Recovery Grant, with more than $593 million worth of grants paid out to-date across the two programs,” Mr Tudehope said.

“Businesses can also access support from a specialised Business Connect advisor, free of charge, to help navigate the challenges of COVID-19.”

Member for Albury Justin Clancy has welcomed the Southern Border Small Business Support Grant.

“This is a step in the right direction and acknowledges the impact on our border businesses in this challenging time,” Mr Clancy said.

Eligible LGAs:

The Southern Border Small Business Support Grant can only be used for eligible expenses incurred following the introduction of the NSW and Victoria border permit scheme on 8 July 2020.

The Grant must only be used for expenses for which no other government support is available. For example, this grant cannot be used to pay wages for staff eligible for JobKeeper.

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More information on the new grants is available at www.service.nsw.gov.au and information on Business Connect is available here.

Source: 16 News http://www.16news.com.au/index.php/2020/08/24/45-million-for-southern-border-small-businesses/

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