Support regional businesses when they need it most
Support for licensed bars, cafes, hotels and clubs in the Victoria area will continue through September, and other businesses in regional areas will also be supported when ongoing restrictions severely affect operations.
With the town of Ballarat entering a seven-day lockdown, all eligible businesses in this local government area will receive Business expense assistance program and Fund for approved reception centers Paymentsfor thethe last two weeks of September – with over 100,000 metropolitan businesses.
Payments to businesses will range from $ 5,600 to $ 40,000 for the fortnight to help pay salaries, rent, utilities and other living expenses.
In recognition of the current attendance and density limits, Fund for approved reception centers payments will be made statewide for the period September 17-30, regardless of location.
Some 2,300 eligible cafes, restaurants, hotels and bars in regional areas and over 7,000 in metropolitan Melbourne will receive automatic payments. Venues with a capacity of less than 100 people will receive $ 10,000 for the fortnight, those with a capacity of $ 100 to $ 499 will receive $ 20,000 while larger venues will receive $ 40,000.
In addition to automatic Business expense assistance program Paymentsin Melbourne and in the city of Ballarat,the Victorian government has confirmed that payments under this program will be made over the next two weeks to qualifying businesses outside these areas.
Eligible businesses include hospitality and accommodation activities, gyms, hair and nail salons, as well as businesses related to tourism and events. The complete list of ANZSIC codes eligible for the Business expense assistance program in the Victoria area outside the town of Ballarat will be available on the Business Victoria website from Friday.
Under the Business Cost Assistance Program, Round Four, companies whose annual payroll does not exceed $ 650,000 will receive $ 5,600, the equivalent of two weekly payments of $ 2,800. Businesses with a payroll of $ 650,000 to $ 3 million will receive $ 11,200 and businesses with a payroll of $ 3 to $ 10 million will receive $ 16,800.
The Victorian government has provided more than $ 10 billion in direct economic support to businesses since the start of the pandemic, including $ 4.2 billion in cash grants to 145,000 businesses since the May / June lockdown.
The Business Cost Assistance Program, Round Four and payments under the Approved hospitality fund since July 28, 2021 are jointly funded by the governments of Victoria and the Commonwealth.
For complete information on available business support grants, visit business.vic.gov.au or call 13 22 15.
As stated by Industry Support and Recovery Minister Martin Pakula
âThis continued support recognizes the new restrictions in the Victoria area, particularly in Ballarat. It’s about providing support to the businesses most affected and making sacrifices to keep our community safe.
As Small Business Minister Jaala Pulford said
âWhether in Ballarat or Bairnsdale, the businesses most affected by the restrictions will continue to be supported as we move towards vaccination levels that will allow us to reopen the economy – and stay open. “