31 May 2021
PACKAGE OVERVIEW
The Victorian Government has launched the $250 million Circuit Breaker Business Support Package to assist small to medium businesses and sole traders, under the circuit breaker restrictions announced on 27 May 2021.
The package will support businesses unable to operate due to these necessary public health measures, including targeted support for the events industry.
With safety nets such as JobKeeper and rent deferral no longer available, this package provides support to businesses to help keep them operational throughout the circuit breaker action.
The package includes: -
- a $190.01 million second round of the Business Costs Assistance Program
- a $40.7 million new round of the Licensed Hospitality Venue Fund
- $20 million in targeted support for the events industry.
Business Costs Assistance Program
The program provides $2,500 grants for eligible employing and non-employing businesses in sectors most impacted. This includes businesses operating in an industry that cannot operate under the circuit breaker restrictions and which cannot work remotely.
The program will open for applications on Wednesday 2 June 2021 and will remain open for applications for three weeks.
More information will be available shortly.
Register your interest
To be alerted when the Business Costs Assistance Program is open for applications please register for the Business Victoria Update newsletter. You will receive an email this week.
Licensed Hospitality Venue Fund 2021
The $40.7 million Licensed Hospitality Venue Fund 2021 program provides businesses holding an eligible liquor licence and food certificate with a $3,500 grant per premises.
The program will open for applications on Wednesday 2 June 2021 and will remain open for applications for three weeks.
More information will be available shortly.
Register your interest
To be alerted when the Licensed Hospitality Venue Fund 2021 is open for applications please register for the Business Victoria Update newsletter. You will receive an email this week.
Victorian Events Support Package
The $20 million package dedicated to supporting operators in the events industry who have incurred losses due to the circuit-breaker restrictions.
More information will be available shortly.
Register your interest
To be alerted when the Victorian Events Support Package is open for applications please register for the Business Victoria Update newsletter.
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