$10,000 small business grants

The NSW Government has just announced thousands of small businesses battling with the COVID-19 shutdown across NSW will receive grants of up to $10,000 under a new assistance scheme. 

Cafes, corner stores, gyms and even boutique accommodation providers will be among the small businesses in NSW eligible for $10,000 cash grants to cover overheads and bills during the coronavirus crisis.

The Berejiklian government will put $750 million into its Small Business Support Fund as the centrepiece of a third round of stimulus measures to keep small businesses afloat.

Businesses that have been "highly impacted" by public health restrictions banning gatherings will be eligible if they have between one and 19 employees and a turnover of more than $75,000.

“While previous announcements from the NSW Government have centred around concessions, this latest fund focuses on small ‘mum and dad’ businesses with a couple of employees who may have had to close or vastly reduce their operating hours,” 

Stephen Cartwright, Chief Executive Officer, Business Australia

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