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Anchor Business Support Grant Program — NSW

Department of Regional NSW

The Anchor Business Support Grant Program provided targeted flood recovery funding to large businesses in the Northern Rivers to recover, rebuild and resume operations while supporting employment in the region. It formed part of broader Australian and New South Wales government flood recovery support.

Closed

26 July 2022

Location

New South Wales

Who Can Apply

• Must be a business physically located and operating within the Northern Rivers. • Must hold an active Australian Business Number registered prior to 2022-02-22. • Must be registered within Northern Rivers as the main business location on the Australian Business Register. • Must employ at least 200 full-time equivalent employees within Northern Rivers as at 2022-02-21. • Must have suffered significant damage to assets directly from the disaster event. • Must intend to continue operating or re-establish operations within the Northern Rivers as the main business location. • Must have operated in the Northern Rivers for at least 12 months prior to 2022-02-22. • Must have been financially viable prior to the disaster event. • Exceptional circumstances may be considered for businesses with significant Northern Rivers operations even if not registered there as their main business location. • Cannot have received certain alternative DRFA grants or concessional loans for the same disaster event. • Cannot be listed on a public securities exchange or be more than 20% owned by a listed entity. • Cannot operate in more than one country or be part of a multinational group. • Cannot be a government entity or wholly owned by a government entity. • Cannot be in liquidation or provisional liquidation. • Only one application is permitted per ABN.
Eligible applicants include businesses physically located and operating within the Northern Rivers that hold an active ABN registered prior to 22 February 2022, are registered within Northern Rivers as their main business location on the Australian Business Register, employ at least 200 full-time equivalent employees within Northern Rivers as at 21 February 2022, suffered significant asset damage directly from the disaster event, intend to continue or re-establish operations within Northern Rivers as their main business location, have operated in Northern Rivers for at least 12 months prior to 22 February 2022, and were financially viable before the disaster event. Exceptional circumstances may be considered by the New South Wales Government for businesses not registered in Northern Rivers as their main business location but with significant operations there. Ineligible applicants include businesses that received certain alternative DRFA grants or concessional loans for the same disaster event, listed entities or businesses more than 20% owned by listed entities, multinational corporations or groups operating in more than one country, government entities or entities wholly owned by government, and businesses in liquidation or provisional liquidation. Only one application could be submitted per ABN.

What's Funded

Clean-up and debris removal, replacement or restoration of damaged business assets, resilience upgrades, employee capability uplift, feasibility studies, temporary equipment or premises, marketing for business reopening, replacement of damaged stock, insurance excesses, and working capital including wages for existing employees.

Before you apply

Check Anchor Business Support Grant Program fit and evidence gaps before 26 July 2022

Use this business grant page to sanity-check eligibility, funding fit, evidence gaps and application effort before you commit days to drafting. If you already know the grant you want, the 48-hour audit gives a practical go/no-go view, reviewer-readiness score and next-step risks.

Get a 48-hour grant fit audit

Expected Outcomes

Businesses in the Northern Rivers recover from flood damage, resume normal operations sooner, retain employment, and improve resilience to future natural disasters.

Grant not accepting applications

Applications for this round are closed. A new round may open in the future.

Browse open grants

Key Information

Applicant Types

companycooperativenon_profitother

Stage

established

Funding Purposes

employmentcapital_expendituremarketingsustainabilitycommunityother

Keywords

flood recoverystorm recoveryNorthern Riverslarge businessemploymentresilienceasset restorationworking capital

Frequently Asked Questions

1

What is the Anchor Business Support Grant Program?

The Anchor Business Support Grant Program is a business grant offered by Department of Regional NSW in Australia. The Anchor Business Support Grant Program provided targeted flood recovery funding to large businesses in the Northern Rivers to recover, rebuild and resume operations while supporting employment in the region. It formed part of broader Australian and New South Wales government flood recovery support.
2

Who is eligible for the Anchor Business Support Grant Program?

  • Must be a business physically located and operating within the Northern Rivers.
  • Must hold an active Australian Business Number registered prior to 2022-02-22.
  • Must be registered within Northern Rivers as the main business location on the Australian Business Register.
  • Must employ at least 200 full-time equivalent employees within Northern Rivers as at 2022-02-21.
  • Must have suffered significant damage to assets directly from the disaster event.
  • Must intend to continue operating or re-establish operations within the Northern Rivers as the main business location.
  • Must have operated in the Northern Rivers for at least 12 months prior to 2022-02-22.
  • Must have been financially viable prior to the disaster event.
  • Exceptional circumstances may be considered for businesses with significant Northern Rivers operations even if not registered there as their main business location.
  • Cannot have received certain alternative DRFA grants or concessional loans for the same disaster event.
  • Cannot be listed on a public securities exchange or be more than 20% owned by a listed entity.
  • Cannot operate in more than one country or be part of a multinational group.
  • Cannot be a government entity or wholly owned by a government entity.
  • Cannot be in liquidation or provisional liquidation.
  • Only one application is permitted per ABN.
3

When does the Anchor Business Support Grant Program close?

Applications closed on 26 July 2022.
4

What activities are funded?

Clean-up and debris removal, replacement or restoration of damaged business assets, resilience upgrades, employee capability uplift, feasibility studies, temporary equipment or premises, marketing for business reopening, replacement of damaged stock, insurance excesses, and working capital including wages for existing employees.
5

How do I apply for the Anchor Business Support Grant Program?

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.

Need help applying?

Beta Docs has helped founders secure $160M+ in competitive grants. Our AI platform drafts compliance-perfect applications — and our expert reviewers make sure you stand out.