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Business Costs Assistance Program Grants and Top-up Payments

Victorian Government · Australia

The Victorian Government’s Business Costs Assistance Program provided grants and top-up payments to small and medium businesses impacted by public health restrictions. The page lists multiple payment rounds and supplements available to eligible Victorian businesses, but the program is now closed.

Official Grant Page

Funding

$1K – $8K

Closed

31 Jan 2024

Duration

One-off and fortnightly payments during restriction periods

Location

Victoria

Who Can Apply

Victorian small and medium businesses affected by public health restrictions Many payments required prior receipt of Round Two or July Extension support Some payments required eligible sectors or ANZSIC classes and specific locations Payment tiers depended on payroll size, including non-employing businesses and businesses with payroll up to 10000000
Applicants were Victorian small and medium businesses impacted by COVID-19 public health restrictions. Different payments applied to businesses in metropolitan Melbourne, regional Victoria, Melbourne CBD, and specified local government areas, and often required the business to be in an eligible sector or ANZSIC class. Many top-up payments were only available to recipients of Business Costs Assistance Program Round Two or the Business Costs Assistance Program Round Two July Extension. Some payments were tiered by payroll size, including non-employing businesses, businesses with payroll below 650000, between 650000 and less than 3000000, and between 3000000 and 10000000. The page states the program is closed, and reassessment requests for unsuccessful applicants closed on 2024-01-31.

What's Funded

Unrestricted business support for operating costs and continuity needs arising from COVID-19 public health restrictions, including support for businesses in eligible sectors and locations affected by lockdowns, capacity limits, or closure orders.

Expected Outcomes

Businesses remain operational, retain capacity to trade or reopen, and manage the financial impacts of public health restrictions and reduced trading conditions.

Key Information

Applicant Types

companysole_traderpartnershiptrustother

Stage

growthestablished

Funding Purposes

communityemploymentother

Keywords

COVID-19business supportpublic health restrictionstop-up paymentsVictoriasmall businessmedium businessANZSIC

Frequently Asked Questions

What is the Business Costs Assistance Program Grants and Top-up Payments?

The Business Costs Assistance Program Grants and Top-up Payments is a business grant offered by Victorian Government in Australia, providing $1K – $8K in funding. The Victorian Government’s Business Costs Assistance Program provided grants and top-up payments to small and medium businesses impacted by public health restrictions. The page lists multiple payment rounds and supplements available to eligible Victorian businesses, but the program is now closed.

How much funding does the Business Costs Assistance Program Grants and Top-up Payments provide?

The Business Costs Assistance Program Grants and Top-up Payments provides $1K – $8K in funding. The typical project duration is One-off and fortnightly payments during restriction periods.

Who is eligible for the Business Costs Assistance Program Grants and Top-up Payments?

Victorian small and medium businesses affected by public health restrictions Many payments required prior receipt of Round Two or July Extension support Some payments required eligible sectors or ANZSIC classes and specific locations Payment tiers depended on payroll size, including non-employing businesses and businesses with payroll up to 10000000

When does the Business Costs Assistance Program Grants and Top-up Payments close?

Applications closed on 31 Jan 2024.

What activities are funded?

Unrestricted business support for operating costs and continuity needs arising from COVID-19 public health restrictions, including support for businesses in eligible sectors and locations affected by lockdowns, capacity limits, or closure orders.

How do I apply for the Business Costs Assistance Program Grants and Top-up Payments?

Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.

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