2021 COVID-19 Micro-Business Grant

What is the 2021 COVID-19 Micro-Business Grant?

The 2021 COVID-19 Micro-Business Grant is a program that will provide fortnightly payments to NSW micro businesses (small business, sole traders or not-for-profits) who have been impacted by the recent COVID-19 restrictions.

 

Background

If you’re a micro-business (small business, sole trader or not-for-profit organisation with aggregated annual turnover between $30,000 and $75,000) impacted by the recent COVID-19 restrictions, you may be eligible to apply for a fortnightly payment of $1,500 to cover business expenses for the duration of the Greater Sydney lockdown.

The 2021 COVID-19 micro-business grant provides cash flow support for micro-businesses in New South Wales who have had their work impacted by the restrictions while continuing to incur business costs.

 

Funding

Payments of $1500 per fortnight.

 

Eligible Projects

Eligible applicants can use the grant for business costs incurred from 1 June 2021 and for which no other government support is available, including:

  • salaries and wages
  • utilities and rent
  • financial, legal or other advice
  • marketing and communications
  • perishable goods
  • other business costs.

 

Eligible Applicants

To be eligible for the grant, you must:

  • have an active Australian Business Number (ABN) registered in, or demonstrate your business was primarily operating in, NSW as at 1 June 2021
  • have had aggregated annual turnover between $30,000 and $75,000 for the year ended 30 June 2020
  • have experienced a decline in turnover of 30% or more due to the public health orders over a minimum 2-week period within the Greater Sydney lockdown (commenced 26 June 2021  and due to end 30 July 2021), compared to the same period in 2019
  • have business costs for which no other government support is available
  • have not applied for either the 2021 COVID-19 business grant or the JobSaver payment
  • maintain your employee headcount as at 13 July 2021 while receiving payments from this grant, if you’re an employing business
  • have this business as your primary income source, if you’re a non-employing business such as a sole trader.

Certain entities, including those primarily earning passive income (such as rents, interest or dividends) or those with an ABN registered after 1 June 2021, are not eligible for this grant.

Non-employing businesses are not eligible to apply for this grant if anyone associated with the business or who derives income from it has received the Commonwealth COVID-19 disaster payment.

For employing businesses, your employees can receive Commonwealth COVID-19 disaster payments if you receive this grant. 

Businesses that received the $1,500 small business fees and charges rebate can apply for this grant.

 

Timing

Applications close 18 October 2021.

 

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