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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 COVID-19 public health restrictions. Payments included fixed grants and tiered weekly support for eligible Victorian businesses across multiple rounds and extensions.
Funding
$1K – $8K
Closed
29 Oct 2021
Duration
Fortnightly or one-off payments during restriction periods
Location
Victoria
Who Can Apply
• Must be a Victorian business impacted by public health restrictions
• Targeted to small and medium businesses
• 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 required the business to be in an eligible sector or eligible ANZSIC class
• Some payments applied only to businesses in metropolitan Melbourne, regional Victoria, Melbourne CBD, or specified local government areas
• Round Four and Round Five payments were tiered by annual payroll size
• Non-employing businesses were eligible for some Round Five payments
• Businesses needed to be unable to operate or affected by capacity limits or lockdown restrictions
Eligible applicants were Victorian small and medium businesses impacted by public health restrictions. Different payments applied to businesses in metropolitan Melbourne, regional Victoria, Melbourne CBD, and specified local government areas, and many payments were only available to recipients of Business Costs Assistance Program Round Two or the Business Costs Assistance Program Round Two July Extension. Eligibility also depended on being in eligible sectors or ANZSIC classes, and some payments were tiered by payroll size, including non-employing businesses and businesses with annual payroll below $650,000, between $650,000 and less than $3 million, or between $3 million and $10 million.
What's Funded
Unrestricted business support to help eligible Victorian businesses meet operating costs and continuity needs while affected by public health restrictions, including support for sectors subject to closure, capacity limits or lockdown impacts.Expected Outcomes
Businesses remain operational, manage direct costs arising from restrictions, retain continuity during lockdown periods, and receive sector- and payroll-based support payments.Key Information
Applicant Types
companysole_traderpartnershiptrustother
Stage
any
Funding Purposes
employmentcommunityother
Keywords
COVID-19business supportpublic health restrictionstop-up paymentssmall businessmedium businessVictoriaANZSIC
Frequently Asked Questions
1
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 COVID-19 public health restrictions. Payments included fixed grants and tiered weekly support for eligible Victorian businesses across multiple rounds and extensions.
2
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 Fortnightly or one-off payments during restriction periods.
3
Who is eligible for the Business Costs Assistance Program grants and top-up payments?
- Must be a Victorian business impacted by public health restrictions
- Targeted to small and medium businesses
- 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 required the business to be in an eligible sector or eligible ANZSIC class
- Some payments applied only to businesses in metropolitan Melbourne, regional Victoria, Melbourne CBD, or specified local government areas
- Round Four and Round Five payments were tiered by annual payroll size
- Non-employing businesses were eligible for some Round Five payments
- Businesses needed to be unable to operate or affected by capacity limits or lockdown restrictions
4
When does the Business Costs Assistance Program grants and top-up payments close?
Applications closed on 29 Oct 2021.
5
What activities are funded?
Unrestricted business support to help eligible Victorian businesses meet operating costs and continuity needs while affected by public health restrictions, including support for sectors subject to closure, capacity limits or lockdown impacts.
6
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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