$10,000 NSW Grant Available for Cafes and Restaurants
Sean Gaer - CFSP
Regional Sales Account Manager | Relationship Manager | Hospitality Expert I Finance & Lending | Equipment sales | Hospitality equipment manufacturing
New South Wales Government has announced a $10,000 package for cafe's and restaurants to provide fast Relief for businesses battling COVID-19.
In this great initiative thousands of small businesses across NSW struggling to cope with COVID-19 shutdown will receive grants of up to $10,000 under the new assistance scheme.
The NSW government will put $750 million into this package, as this is about getting cash into small businesses that are struggling in an unprecedented situation.
Many Cafe's and Restaurants will be eligible to apply if they meet the following criteria:
- have between 1-19 employees and a turnover of more than $75,000
- a payroll below the NSW Government 2019-20 payroll tax threshold of $900,000
- have an Australian Business Number as at 1 March 2020, be based in NSW and employ staff as at 1 March 2020
- be highly impacted by the Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 issued on 30 March 2020
- use the funding for unavoidable business costs such as utilities, overheads, legal costs and financial advice
- provide appropriate documentation upon application.
Applications for a small business grant of up to $10,000 will be available through Service NSW within a fortnight and remain open until 1 June 2020.
If you or anyone you know is looking to apply you can do so here https://www.service.nsw.gov.au/campaign/covid-19-help-small-businesses/grants-loans-and-financial-assistance
More information on the original article can be found here
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4 年Welcome news for the hospitality sector in NSW, hopefully we see similar packages rolled out nationwide now.
Operations and Logistics professional with key focus on people development
4 年Hi Sean Great news for struggling businesses, was this for NSW state government only? I don’t have an affected business but I do know some good people in SA currently struggling with the impact.
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4 年Thanks Sean - very helpful. You have your finger on the pulse!