Business Support Fund: Assistance for Victorian small businesses impacted by coronavirus (COVID-19)

2 April 2020

The Victorian Government has launched the $500 million Business Support Fund to help small businesses survive the impacts of the coronavirus (COVID-19) pandemic and keep people in work.

The Fund is part of the Victorian Government’s $1.7 billion Economic Survival Package.

Potential value of grant

Funding of $10,000 per business is available and will be allocated through a grant process.

Eligibility requirements

Businesses are eligible to apply for a grant through the Fund if they meet the following criteria:

If you have further questions about the Business Support Fund or eligibility criteria, please read the FAQs.

While owners of businesses that do not employ people (non-employing businesses) are not eligible for funding through this program, they can seek support through the Commonwealth Government’s Job Seeker Payment Program External link (opens in same window).

How can the funding be used?

Examples of what the grant funding could be used for include:

  • Meeting business costs, including utilities, salaries, rent
  • Seeking financial, legal or other advice to support business continuity planning
  • Developing the business through marketing and communications activities
  • Other supporting activities related to the operation of the business.

Evidence of eligibility and compliance

  • Applicants must certify in writing that they meet the eligibility criteria.
  • Applicants will be subject to audit by the Victorian Government or its representatives and will be required to produce evidence, such as payroll reports to demonstrate impact, at the request of the Victorian Government for a period of four years after the grant has been approved.
  • If any information in the application is found to be false or misleading, or grants are not applied for the purposes stated in the terms of funding and application, the grant will be repayable on demand.

How to apply

Applicants must submit an application online via the ‘Apply now’ button on this page.

Applicants are required to provide a copy of their most recent Business Activity Statement (BAS). Other supporting materials can also be provided.

For guidance on what is considered acceptable as BAS please refer to the BAS statement examples (PDF 2157.14 KB)PDF icon.

All questions in the application must be completed and any requested documentation attached to ensure timely assessment and grant payment.

Please refer to the FAQs page for answers to questions you may have about your application.

If you require further assistance please call 13 22 15 or email us.

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