The Victorian Government has launched the $250 million Circuit Breaker Business Support Package to assist small to medium businesses and sole traders, under the circuit breaker restrictions announced on 27 May 2021.
https://business.vic.gov.au/grants-and-programs/circuit-breaker-business-support-package
The package will support businesses unable to operate due to these necessary public health measures, including targeted support for the events industry.
With safety nets such as JobKeeper no longer available, this package provides vital support to businesses doing their part to help keep Victorians safe throughout the circuit breaker action.
The package includes:
- a $190.01 million second round of the Business Costs Assistance Program
- a $40.7 million new round of the Licensed Hospitality Venue Fund
- $20 million in targeted support for the events industry.
Business Costs Assistance Program
The program provides $2,500 grants for eligible employing and non-employing businesses in sectors most impacted. This includes businesses operating in an industry that cannot operate under the circuit breaker restrictions and which cannot work remotely.
The program will open for applications on Wednesday 2 June 2021 and will remain open for applications for three weeks.
More information will be available on Victorian Government website soon.
