If your small business has experienced a significant decline in revenue as a result of the NSW 2019-2020 bushfires (beginning in August 2019), and it's located within a specified Local Government Area (LGA), you may be eligible for the $10,000 small business support grant.
The application process for this grant has been simplified so eligible small businesses can access funds as quickly as possible.
The grant may be used for, but is not limited to:
meeting standard business costs, including utilities, salaries and rent
seeking financial advice to support the recovery of the business
adjusting the business to be viable in the changed local context following the bushfires
developing the business and extending business reach through marketing and communications activities, or
improvements to make the business more resilient to future disasters.
Note: A decline in revenue as a result of bushfire may include multiple scenarios. This evidence requirement may be demonstrated when the business was in a defined disaster area and subject to either:
- an evacuation order or tourism leave order
- other supply chain interruptions or stock damage resulting in reduced sales, such as road closures and utility disconnections, or
- significantly reduced customer numbers, such as through consumer perception of danger and smoke haze.
To be eligible for the grant, you must:
be a small business owner
hold an Australian Business Number (ABN) and have held that ABN at the time of the eligible disaster
have been engaged in carrying on the small business in the defined disaster area when you were affected by the eligible disaster
have suffered a decline in revenue of 40% or more in a 3-month period, compared to the same period in the previous year, as a result of the eligible disaster
be located in one of the following LGAs:
Glen Innes Severn
Greater Hume Shire
Jervis Bay Territory
Snowy Monaro Regional
Note: You may still be eligible for the grant if:
you've already received assistance under the small business bushfire recovery grant (up to $50,000), and/or
your small business is located outside the defined disaster area but operates part-time or on some regular basis within the defined disaster area, and/or
your small business does not meet the 40% revenue decline threshold or does not have a relevant 3-month period comparison.
In the above instances, contact a Business Concierge to discuss the options available to you.
What you need
- your proof of identity
- the business bank account details (to receive your payment).
You may be audited in the future, so you must keep all documentary evidence confirming:
- you've met the eligibility requirements (including a decline in revenue of 40% or more in the relevant 3-month period)
- you've used the grant funds as intended.
The documentation must be kept for 5 years.
If you are audited you'll need to be able to provide:
- the evidence you relied on to assess that you'd suffered a decline in revenue of 40% or more, such as:
- profit and loss statements
- Business Activity Statements (BAS)
- annual reports.
- evidence demonstrating that the decline in revenue resulted from the bushfires, such as:
- records of reduced customer numbers
- photos of stock damage.
- evidence that your small business was located within the eligible LGAs, such as a:
- rates notice
- lease agreement.
- evidence of FTEs and turnover during various periods before and after the bushfires, such as:
- payroll reports.
- evidence that the grant funds have been used to assist the business recover from the bushfires and rebuild into a resilient business, such as:
- official receipts
- tax invoices.
The above list is not exhaustive and the documentary evidence will be reviewed on a case-by-case basis.