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  • Writer's pictureCOMPASS

Small Business COVID-19 support

Just a reminder that applications for the $10,000 small business COVID-19 support grant close on 1 June 2020.

Please to investigate whether you are eligible for part of the $550 million of grant funding available through Service NSW.

To be eligible for this grant, you must:

  • be based in NSW

  • be a small business

  • be registered with an ABN as at 1 March 2020

  • have an annual turnover of more than $75,000

  • employ 1-19 full-time workers as at 1 March 2020

  • be able to report a payroll below the NSW 2019-2020 payroll tax threshold of $900,000

  • have been highly impacted by Public Health (COVID-19 Restrictions on Gathering and Movement) Order 2020 effective on 31 March 2020

  • have experienced at least 75% decline in turnover compared to the same two-week period in 2019, as a result of COVID-19 (for businesses that have been in operation for less than 12 months, refer to the guidelines)

  • have unavoidable business costs not otherwise the subject of other NSW and Commonwealth Government financial assistance measures

For the full eligibility criteria and to apply, visit the Service NSW website.

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