Extension for 2021 Covid-19 Business Grant Application

WHAT'S NEW TODAY?

The 2021 COVID-19 business grant applications have been extended until 01 October 2021.

If you’re a business, sole trader or not-for-profit organisation in NSW and you've been impacted by the recent COVID-19 restrictions, you may be eligible for a one-off grant of $7,500, $10,500 or $15,000.


The 2021 COVID-19 business grant provides cash flow support for businesses that experienced reduced demand or had to close due to the public health orders. Eligible applicants across NSW can use the grant for business costs incurred from 1 June 2021, including:

  • utilities, wages and rent

  • financial, legal or other advice to support business continuity planning

  • marketing and communications activities to develop the business

  • the cost of perishable goods that can no longer be used

  • other activities to support the operation of the business

Eligibility

  • have an active Australian Business Number (ABN)

  • demonstrate your business was operating in NSW as at 1 June 2021

  • have had total annual Australian wages of $10 million or less as at 1 July 2020

  • have had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020

  • have business costs for which there is no other government support available

  • have experienced a decline in turnover of 30% or more due to the public health order over a minimum 2-week period from 26 June 2021 to 17 July 2021 compared to:

  • the same period in 2019, or

  • the same period in 2020, or

  • the 2-week period immediately before the Greater Sydney lockdown began (12 June to 25 June 2021)

  • maintain your employee headcount as at 13 July 2021. See the guidelines for definitions

  • for non-employing businesses, have your primary income source come from this business. If you have more than one non-employing business, you can only claim payments for one business

Three different grant amounts will be available depending on the decline in turnover:

  • $7,500 for a decline of 30% or more

  • $10,500 for a decline of 50% or more

  • $15,000 for a decline of 70% or more

Wait! There's more to read

Businesses and not-for-profit organisations on the NSW border with Victoria impacted by the Victorian Stay at Home Directions that began on 27 May 2021 may use a different comparison period to demonstrate a decline in turnover. For each of the 3 grant amounts, these businesses must demonstrate the relevant decline in turnover over a minimum 2-week period from 27 May 2021 to 17 July 2021 compared to:

  • the same period in 2019 or

  • the same period in 2020, or

  • the 2-week period immediately before the Victorian Stay at Home Directions began (13 May to 26 May 2021)

What you need to do:

  • Option 1 - If you would like to apply on your own, kindly visit the guidelines for more information.

  • Option 2 - If you would like Lynden Group Melbourne to manage your 2021 COVID-19 business grant application process for you, please do not hesitate to Contact us.




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