Chris Whiting MP is urging local small and micro business to quickly put in grant applications under a new $100 million Small Business COVID-19 Grants Program
Chris Whiting said the $500 million concessional loans program for COVID-19 affected businesses was snapped up quickly and expected the same to happen for the grants programs
“I say to small North Lakes Burpengary East and Deception Bay businesses: if you’ve been hit by COVID-19, get on-line now and put in your application.
“This small business grants program is one of the first steps of our Economic Recovery Strategy as we start on the “The Road Out” of the COVID-19 emergency.
“Small businesses can get grants of up to $10,000 available to help them recover and continue to grow.
“These grants can be used for professional advice or services such as marketing, social media or business planning.
“It also can be used for specialised digital equipment or software, which is great news at a time when so many businesses look at ways to enhance their online operations,” said Chris Whiting.
To be eligible for a Small Business COVID-19 Grant, a small or micro businesses must:
- have been subject to closure or otherwise highly impacted by the shutdown restrictions announced by Queensland’s Chief Health Officer;
- demonstrate that business revenue has experienced a significant decline since 23 March 2020 over a minimum one month period due to the onset and management of COVID 19;
- employ staff and have fewer than 20 employees at the time of applying for the grant;
- have a valid Australian Business Number (ABN) active as at 23 March;
- be registered for GST;
- have a Queensland headquarters;
- have an annual turnover over $75,000 for the last financial year;
- have a payroll of less than $1.3 million; and
- not be insolvent or have owners/directors that are an undischarged bankrupt
Go to the Business Queensland website www.business.qld.gov.au to apply.
Applications are open now and will close when funding has been exhausted.
SMALL BIZ HOTLINE: 1300 654 687