skip to main content

Victorian Government Hardship Support Fund for SME’S

Tuesday, August 31, 2021

The Victorian Government’s Small Business COVID Hardship Fund will assist eligible small and medium businesses. The program offers grants of $14,000 to eligible small and medium businesses, including employing and non-employing businesses. 

Closing date 10 Sep 2021

To be eligible, businesses must:

  • be located within Victoria
  • as a direct consequence of COVID-19 restrictions since 27 May 2021 have experienced a reduction in turnover of at least 70% for a minimum consecutive two-week period comparable to a benchmark period in 2019
  • have an annual Victorian payroll of up to $10 million in 2019-20 on an ungrouped basis
  • have been registered for Goods and Services Tax (GST) on and from 28 July 2021
  • hold an Australian Business Number (ABN) and have held that ABN on and from 28 July 2021
  • be registered with the responsible Federal or State regulator.

Employing businesses must also:

  • be registered with WorkSafe Victoria
  • attest that the business is supporting its workers to access any paid leave entitlements, or that if a person can work from home, to work from home during the COVID-19 restrictions, and supporting their casual workers, where possible.

Businesses are not eligible if they have received funding under any of the Victorian Government COVID-19 support packages launched on or after 27 May 2021.

For a full list of eligibility requirements and how to apply

https://business.vic.gov.au/grants-and-programs/small-business-covid-hardship-fund

How can we help you?

Please get in touch with the SWAG team to find out how we can help you, and receive a free 1 hour consultation.

Get in touch

Take our Financial Health Check

Swag Bookkeeping
Swag Bookkeeping
Swag Bookkeeping
swag bookkeeping gold partner certified partner