2021 Queensland COVID-19 Business Support Grant
2021 Queensland COVID-19 Business Support Grant
Your business may be eligible for financial support through the 2021 COVID-19 Business Support Grants. $5,000 grants will be made available to small and medium businesses across Queensland that have been affected by the COVID-19 lockdown, that commenced on Saturday 31 July 2021 and lockdowns in other states. This grant may be used for business expenses.
The Queensland Government recognises the short interval between lockdowns in South East Queensland and the unique circumstances faced by regional economies who are impacted by multiple border closures. These $5,000 grants will provide cash flow support for businesses to help them adapt to evolving circumstances.
Note that applications haven’t opened yet and details on how to apply will be released in the coming days.
* Source: Queensland Government. 2nd August 2021.
Eligibility criteria
The grant provides support to employing small and medium businesses across Queensland impacted by the South East Queensland lockdown that commenced on 31 July 2021. Your business doesn’t have to be located in South East Queensland, but you must have experienced at least a 30% reduction in turnover as a result of the lockdown.
Grants are also available for large businesses in the hospitality and tourism sector operating in the 11 local government areas in the lockdown, subject to meeting eligibility criteria.
Small and medium businesses are defined as having:
- a turnover of more than $75,000 per annum
- an annual payroll in Queensland of up to $10 million.
Local government areas subject to lockdown restrictions are:
- Brisbane City Council
- Gold Coast City Council
- Ipswich City Council
- Lockyer Valley Regional Council
- Logan City Council
- Moreton Bay Regional Council
- Noosa Shire Council
- Redland City Council
- Scenic Rim Regional Council
- Somerset Regional Council
- Sunshine Coast Regional Council
More to be announced.
* Source: Queensland Government. 2nd August 2021.
How to apply
You will need to apply online with supporting evidence. Grants will be processed in the order we receive them.
You will be paid the grant funds within 2 weeks of being notified that your application has been approved.
More information on how to apply, including the opening date for applications, will be available soon.
* Source: Queensland Government. 2nd August 2021.
If you have any questions about the 2021 COVID-19 Disaster Support announcement, Simmons Livingstone and Associates business advisors are here to help.