KW Insights | $250m Targeted Business Support Package
Are you in business in Victoria? You may be eligible to receive assistance as part of a $250 million Business Support Package following the circuit-breaker lockdown.
The Victorian State Government have announced a $250 million targeted business support package which will assist businesses most impacted by the snap circuit-breaker lockdown.
The Business Costs Assistance Program will see eligible employing and non-employing businesses offered one-off grants worth $2,500, set to cover businesses operating in an industry that cannot operate under Victoria’s lockdown conditions or work remotely.
The Licenced Hospitality Venue Fund, worth $40 million, is aimed at providing businesses with an eligible liquor licence and food certificate with a $3,500 grant, per venue.
Both of these packages will be open for applications from 2nd June 2022, and you can review eligibility criteria and find more information here: https://business.vic.gov.au/grants-and-programs/circuit-breaker-business-support-package
Please contact your King & Whittle adviser if you require further information.