Grants Through COVID-19 Program
Businesses in Queensland impacted by the lockdown are eligible for grants through the COVID-19 program in 2021
The application period for the 2021 COVID-19 Business Support Grants will open in mid-August. Grants will be awarded to all eligible businesses who apply during the 3-month application period.
Business Support Grants from the COVID-19 2021 program may be available to your company. Small and medium businesses in Queensland will have access to a grant of $5,000 if their businesses are affected by the COVID-19 lockdown, which begins on July 31. Lockdowns in other states will also begin on the same day.
As a result of the short time interval between lockdowns in Southeast Queensland, and the unique circumstances being faced by regional economies in Queensland that face multiple border closures, the Queensland Government knows this causes damage to their economy.
The $5,000 grants will help businesses adapt to changing circumstances by providing cash flow support.
There is a possibility that you may be eligible for a grant of $5,000 (excluding GST). Business expenses can be used for the purposes of this grant.
Applicants must meet the following criteria
Businesses throughout Queensland in need of support following the Southeast Queensland lockdown that started on 31 July 2021 can apply for the grant. It's not necessary for your business to be in Southeast Queensland, but you must have experienced a 30% reduction in turnover due to the lockdown.
Large businesses in the hospitality and tourism sector operating in the 11 local government areas in lockdown can also apply for grants, subject to meeting eligibility criteria.
Small and medium businesses are defined as having:
a turnover of more than $75,000 per annum
an annual payroll in Queensland of up to $10 million.
Local government areas subject to lockdown restrictions are:
Brisbane City Council
Gold Coast City Council
Ipswich City Council
Lockyer Valley Regional Council
Logan City Council
Moreton Bay Regional Council
Noosa Shire Council
Redland City Council
Scenic Rim Regional Council
Somerset Regional Council
Sunshine Coast Regional Council.
How to apply
Mid-August is the deadline for applications.
Applications must be submitted online; with the assistance of Accountants 360 team of Experts we will make the application pain free. Call us on 07 3804 7575 to discuss your options.