NEW SOUTH AUSTRALIAN COVID BUSINESS GRANTS

“While we have more South Australians employed than ever before in the history of the state, there is no doubt many businesses have been doing it tough during the global pandemic. These new grants will further support our hardworking small businesses who are the backbone of the state’s economy.” Steven Marshall

  1. COVID-19 Tourism and Hospitality Support Grant – automatic payment
    Top-up grants of $3,000 for employing businesses and $1,000 for non-employing businesses will be automatically paid to businesses in eligible tourism and hospitality sectors that have already received the COVID-19 Additional Business Support Grant.
    Date this will be paid – TBA
  2. COVID-19 Tourism and Hospitality Support Grant – Larger Turnover
    Additional $7,000 for employing businesses with turnover greater than $2 million or $17,000 for employing businesses with turnover greater than $5 million.
    For the period 28th July 2021 to 10th August 2021 need to show a 30% drop compared to the average fortnightly turnover in the June 2021 quarter.
    Applications close on the 31st October 2021 – available to the tourism and hospitality industries only.
    Link to apply – TBA
  3. COVID-19 Business Hardship Grant
    $6,000 for employing businesses or $2,000 for non-employing businesses.
    For the period 20th July 2021 to 31st August 2021 need to show a 50% drop compared to 20th July 2019 to 31st August 2019 (if not trading in this period can use the 1st of January 2021 to the 30th of June 2021 as the comparison period).
    Applications close on the 31st of October 2021.
    Link to apply – TBA
  4. Major Events Grant
    Up to $100,000 for organisers of cancelled or postponed major public events.
    For the period 20th July 2021 to 10th August 2021.
    Guidelines and applications TBA.

All businesses must be registered for GST to be eligible. Other standard criteria include that a business is located/operating within South Australia, has a valid and active ABN (Australian Business Number) and has an Australia-wide grouped payroll of less than $10 million in the 2019-20 financial year.

 

More information can be found HERE

 

Any queries in relation to the COVID-19 Support Fund or submissions seeking Government assistance from the COVID-19 Support Fund can be lodged at: COVID -19 Support Fund

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