The Victorian Government has announced another grant for Victorians under the catchy title "Third Round of Business Support Fund Grants"
The amount of grants available from this program range from $10,000 to $20,000 depending on the business’ annual payroll.
To be eligible for a grant from this program, applicants must:
operate a business located within Victoria; and
participate in the Commonwealth Government’s JobKeeper Payment scheme; and
employ people and be registered with WorkSafe; and
have had an annual payroll of less than $10 million in 2019-20; and
be registered for Goods and Services Tax (GST); and
hold an Australian Business Number (ABN); and
be registered with the responsible Federal or State regulator.
An eligible business will receive:
· $10,000 if its annual payroll is less than $650,000
· $15,000 if its annual payroll is between $650,000 and $3 million
· $20,000 if its payroll is between $3 million and $10 million.
Grant applications open 18th September 2020
The full details can be found at the Business Victoria website
Make a call to any of the team at May Klye & Associates on (03) 9585 7555 or email us.