Grant Increase for Victorian Business

August 4th, 2020 by igniite

Grant Increase for Victorian Business

Following the updated restrictions yesterday, it was announced that the Business Support Fund – Expansion program will now be increased by an additional $5,000 for eligible businesses

The stage 4 restrictions mean that many businesses will now have limited or no capacity at all to operate. The Victorian Government has announced that they have now increased the Business Support Expansion Fund by a further $5,000, bringing the total to $10,000.

This one-off grant will be made available to eligible businesses under the Business Support Fund – Expansion program:

$10,000 for employing businesses in metropolitan Melbourne and Mitchell Shire in recognition of spending longer under restrictions
$5,000 for employing businesses in regional local government areas (except Mitchell Shire)

Businesses which have already received a Business Support Fund – Expansion grant, or have applied for one, will not need to re-apply.

The applications for the program have also been extended until 14 September 2020.

If you would like to know more feel free to contact us on 0412 754 444