CBD Small Hospitality Grant

What is the CBD Small Hospitality Grant?

The CBD Small Hospitality Grant is a program that provides additional support to small and medium hospitality businesses in Melbourne Central Business District (CBD) that have previously received a grant from the Business Support Fund – Expansion program.

Background

The Victorian Government announced it would provide $20 million in targeted assistance to businesses in the Central Business District (CBD) as they are facing a large and sustained shock to their trading environments. This CBD support is being delivered through the following mechanisms:

A $10 million CBD Small Hospitality Grant targeting small and medium businesses that will operate as a stream of the Business Support Fund expansion program (BSFe). The requirements for this grant are explained in this appendix.
A $10 million grant to the City of Melbourne to assist impacted businesses in other sectors.

A further $30 million targeted assistance is being provided through the Hospitality Business Grant Program for businesses with a payroll of $3 million and up to $10 million, with additional support provided to larger CBD businesses.

Funding

The grant amount is:

$5,000 for a business with food service seating capacity of 11 to 100 seats; or
$15,000 for a business with food service seating capacity of 101 seats or more.

Hospitality businesses with seating of 10 seats or less are not eligible for assistance under the CBD Small Hospitality Grant Stream.

Eligibility

To be eligible for the CBD Stream of the BSFe, businesses must:

Be a recipient of a BSFe grant and may have received an invitation to apply for a CBD Small Business Hospitality Grant.
Operate in Melbourne CBD as designated by the following postcodes 3000 (Melbourne), 3005 (World Trade Centre), 3006 (Southbank) and 3008 (Docklands).
Operate a restaurant, cafe, pub, bar, club, reception centre, coffee and dessert outlet, or takeaway food venue with food service seating capacity of 11 or more seats.
Hold a Class 2 or 3 Service Sector Certificate of Registration under the Food Act 1984 (Vic) as identified by the City of Melbourne.
Not received funding assistance through the Night-time Economy Business Support Initiative or the Victorian Live Music Venues Program.

Additional requirements for CBD Stream participants:

Applicants will be required to provide the address of all hospitality premises operated by their business and eligible for grant support under this program. This information will be checked against the Certificate(s) of Registration information held by the City of Melbourne.
A business as defined by its Australian Business Number (ABN) can only receive one grant under this CBD Grant Stream.
If a business has more than one hospitality premise in the CBD under a single ABN then it is able to aggregate the seat numbers from all its CBD premises, with this to inform the size of the grant.
Applicants are required to provide information on seating capacity of the hospitality premise(s). Seating capacity is the sum of indoor and/or outdoor seating. Seating capacity information will be checked with the City of Melbourne.
Applicants must certify that they meet the eligibility criteria and will be subject to the audit requirements of the BSFe program.

More Information

What is the #1 grant for start-ups?

12,000+ companies access the R&D tax incentive per year that yields a CASH REBATE of up to 43.5%.
This might be perfect your start up.
Do you want to know more?

Bulletpoint is a Melbourne-based consultancy specialising in guiding businesses through the complex process of the R&D tax incentive. With a decade of experience under our belt, we’re proud to be led by Australia’s highest-rated R&D tax consultant. We’ve successfully lodged over 500 R&D claims, demonstrating a proven track record.

Our approach is straightforward and personable, focusing on cutting through the jargon to help businesses truly understand the definition of R&D in government terms. We’re passionate about what we do, and our clients appreciate this, often commenting on the difference our expertise has made to their businesses. They’ve praised us for uncovering grants they wouldn’t have otherwise known about and for making the whole process less stressful for them.

We’re proud to have an average rating of 4.8 stars from over 250 Google reviews. Despite our success, we continue to strive for improvement, learning from every piece of feedback we receive.

At Bulletpoint, we excel in helping businesses navigate the complexities of the R&D tax incentive process, ensuring they reap the benefits they deserve. As experts in our field, we’re well-versed in what works and what doesn’t when it comes to aligning businesses’ perceptions of R&D with the government’s eligibility criteria.

So, if you’re looking for accessible expertise and a proven success rate, you’ll find it with us at Bulletpoint. We’re ready to guide you through the R&D tax incentive process with a blend of professionalism and personality, ensuring your experience with us is not just successful, but enjoyable as well.