Funding Begins To Flow For Businesses In Need

Jul 20, 2021
Cost of living Health

Small businesses, sole traders and not-for-profit groups on the Central Coast can now apply for one-off grants from the NSW Government, ranging between $7,500 and $15,000.

Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said the one-off grants would help local businesses that have been forced to shut their doors or change their normal operations.

“I urge any local business with a turnover between $75,000 and $50 million, and with a wages bill below $10 million, to apply now,” Mr Crouch said.

“Businesses that have suffered a 30% decline in turnover can receive $7,500, businesses with a 50% decline can receive $10,500, and those with a 70% decline can receive $15,000.

“Service NSW staff have worked around the clock to open this grant up for applications as quickly as possible.

“Instead of taking weeks, Service NSW will assess and respond to applicants within days of the online application being received.”

To apply, go to: www.service.nsw.gov.au/transaction/2021-covid-19-business-grant.

Other financial support for businesses impacted by the COVID-19 lockdown includes:

  • “Micro” businesses with a turnover between $30,000 and $75,000 which experience a 30% decline in turnover will receive a fortnightly grant of $1,500.
  • Businesses that do not sack staff will receive a fortnightly payment between $1,500 and $10,000 as part of a new JobSaver program.

Applications for these grants will open next week. For more information and to receive a notification when applications open, go to: www.service.nsw.gov.au/covid-19-business-support-2021.

Financial support for individuals whose hours of work have been cut is available through Services Australia. For more information, go to: www.servicesaustralia.gov.au/covid19.