$10,000 small business northern flood grant now available
Financial assistance for businesses who have seen a 40 per cent decline in turnover
27 April, 2022
Flood-impacted small business owners and not-for-profits in the Northern Rivers can now apply for the $10,000 Small Business Northern Flood Grant to help with rent, wages, government fees and other business costs.
To be eligible, businesses and NFPs need to have experienced a decline in turnover of 40 per cent or more due to flood events in March 2022. The grant will be available to businesses in the Ballina, Byron, Clarence Valley, Kyogle, Lismore, Richmond Valley, and Tweed local government areas.
Businesses that have successfully applied for any of the following support programs will not be eligible for the grant:
- $25,000 Rural Landholders Grant for the February 2022 NSW floods;
- $75,000 Special Disaster Grant Primary Producer for the February 2022 NSW floods;
- February and March 2022 Flood Disaster Recovery Small Business Grant; and
- February and March 2022 Storm and Flood Disaster Recovery Medium Business Grant.
Businesses are still able to apply for the grant if they have received other individual flood assistance from the NSW or Commonwealth Government.
Businesses should also consider their eligibility for the Medium Business Grant, targeted at businesses over 20 FTEs, prior to applying for the Small Business Northern Flood Grant. This grant is due to open in the coming weeks.
Apply for the Small Business Northern Flood Grant via the Service NSW website or call Service NSW on 13 77 88 and register for a call back from the Business Concierge. The Government said eligible business customers would have funds deposited in their bank account within five business days of being approved.
For more information visit the Small Business Northern Flood Grant page
“Low doc” limit increased for small business recovery grant
If you are in a severely impacted suburb and applying for up to $25,000 under the small business recovery grant, as evidence of direct impact, you will only be required to provide:
- a list of the direct damage and costs associated
- photos of the direct damage.
This is an increase on the previous $15,000 limit.
If you are seeking more than $25,000 in a severely impacted suburb, you will need to provide evidence of payment for completed work for the entire amount of funding for which you are applying. This could include invoices, receipts or a copy of a bank statement or bank transfer.
Related information: