Circuit Breaker Business Support Package
Circuit Breaker Business Support Package
The Victorian Government has launched the Circuit Breaker Business Support Package to assist small to medium Victorian businesses, including employing and non-employing businesses, in sectors most impacted by the restrictions announced on Thursday 27 May 2021 and extended for metropolitan Melbourne and some business sectors in regional Victoria beyond Thursday 3 June 2021.
The support package includes $371 million for the Business Costs Assistance Program Round Two. This program will assist around 76,000 small to medium-sized employing and non-employing businesses in eligible sectors that cannot operate due to the recent restrictions.
Eligible businesses with an annual payroll of up to $10 million can receive a one-off grant of $2500 for businesses that were subject to restrictions between 28 May and 3 June 2021, or $5000 for businesses that were subject to further restrictions after 3 June 2021.
Full details on eligibility and how to apply are set out on the Business Costs Assistance Fund Round Two webpage.
Applications are open from Thursday 3 June 2021 until 11:59pm on Thursday 24 June 2021.
Other initiatives under the Circuit Breaker Business Support Package
Licensed Hospitality Venue Fund 2021 - $70 million
The Licensed Hospitality Venue Fund 2021 supports bars, restaurants, pubs, clubs, hotels, cafes, and reception centres that are registered to serve food and alcohol and have been impacted by recent restrictions in Victoria.
Eligible liquor licensees will receive an invitation from Business Victoria to apply and can receive a grant of $3500 or $7000.
Invitations will be sent to the eLicence email registered by the licensee on the Liquor Portal account with the Victorian Commission for Gambling and Liquor Regulation. Licensees that don’t have a Liquor Portal account can create one now and register an eLicence email.
Applications are open from Thursday 3 June until 11:59pm on Thursday 24 June 2021
For other forms of support available, please visit Business Victoria’s COVID-19 business information webpage. The Small Business Digital Adaptation Program and the Partners in Wellbeing helpline is also available.
If you require further information on the Business Costs Assistance Program Round Two, please contact Business Victoria or call the hotline on 13 22 15.