Reminder for Small Business Owners: Last day to apply for the Small Business COVID-19 Recovery Grant

The Small Business Recovery Grant provides small businesses and not-for-profit organisations who have experienced a decline in turnover as a result of COVID-19 with a grant of up to $3,000.

KEY TAKE OUTS

• Applications for the Small Business Recovery Grant closes at 11.59 on Monday 31 August 2020.

This grant can be used to cover expenses that will allow businesses and not-for-profits safely relaunch their operations. The grant can be issued for the following expenses:

• Fit-out changes and temporary physical changes such as plastic barriers at checkouts;
• Staff training and counselling;
• Business advice and continuity planning;
• Cleaning products and additional cleaning services;
• Additional equipment necessary to comply with social distancing;
• Marketing, communications and advertising;
• Digital solutions such as e-commerce.

This grant can only be used for purchases of eligible expenses made from 1 July 2020, and only where no other government support is available.

Eligibility criteria for the grant

To be eligible for this grant, you must as at 1 March 2020:

• be a small business or a not-for-profit organisation;
• have an ABN registered in NSW;
• have an annual turnover of more than $75,000 (a Business Activity Statement must be provided as evidence);
• employ less than 20 full-time equivalent staff;
• be able to report a payroll below the NSW 2019-2020 payroll tax threshold of $900,000;
• be in a highly impacted industry by the Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020;
• have experienced at least 30% decline in turnover from March to July 2020 compared to the equivalent period (of at least 2 weeks) in 2019;
• have costs associated with safely reopening or up-scaling the business from 1 July 2020.

How to apply?

Small business and not-for-profits can apply for the land tax relief through the Service NSW website.