Small businesses that may be eligible for a COVID-19 Small Business Sustainability and Recovery Grant have until 12 noon on 24 August to submit an application.
Work45+ hopes grants that help small businesses to weather the impacts of the COVID-19 pandemic will improve long-term employment prospects in those industries that have been hardest hit, including tourism and hospitality.
The following details of the grant program are provided by Business Tasmania.
Forming part of the $20 million COVID-19 Small Business Sustainability and Recovery Assistance Package, the purpose of this grant program is to assist small businesses across a number of sectors to sustain themselves, recover, re-open, build capacity and innovate whilst continuing to be impacted by the COVID-19 pandemic.
$15 million has been allocated to the Program, which will provide a limited number of grants of $5 000 to assist small businesses that:
- Operate in sectors that are heavily reliant on the visitor economy and will continue to be directly or indirectly impacted by border closures; OR
- Continue to be significantly impacted directly or indirectly by public health restrictions; OR
- Are reliant on contributing to the local supply chain of sectors that continue to be directly or indirectly impacted by border closures or public health restrictions; OR
- Are heavily reliant on exporting a significant proportion of their product to interstate and/or international markets that continue to be directly or indirectly impacted by COVID-19 related restrictions.
The grant program will open at 12 noon on 3 August 2020 and close at 12 noon on 24 August 2020. To read the guidelines, FAQ and to apply visit the Business Tasmania website.