The new package includes:

  • The Business Support Fund – Expansion program providing $10,000 for employing businesses in metropolitan Melbourne and Mitchell Shire and $5,000 for employing businesses in regional Victoria (except Mitchell Shire.)
  • A $30 million dedicated fund for Victoria’s night time economy to support the hardest hit businesses in hospitality.
  • $26 million in mental health support will ensure Victorians dealing with the compounding challenges of running a small business can get the support they need as they navigate their way through the crisis.
  • A $10 million business mentoring program, pairing small business owners with experienced professionals who can help them navigate their way through the crisis.
  • A $40 million capped fund for regional tourism businesses to cover the costs of refunds.
  • A $20 million fund to support small businesses in Melbourne’s CBD that are faced with a large and sustained shock to their trading environments.

Businesses will also benefit from an extended and expanded payroll tax deferral. Eligible businesses with payrolls up to $10 million can defer their liabilities for the first half of the 2020/21 financial year.

Please visit the individual program pages linked below to register.

Business Support Fund - Expansion

Supporting business through restrictions with $10,000 grants to support businesses in metropolitan Melbourne and Mitchell Shire and $5,000 grants to support businesses in regional Victoria.

Click here for further details

Wellbeing and Mental Health Support for Victorian Small Businesses

Victorians dealing with the compounding challenges of running a small business can get the support they need as they navigate their way through the crisis.

Click here for further details

Business recovery and resilience mentoring

The Victorian Government is partnering with the Victorian Chamber of Commerce and Industry (VCCI) to deliver a business mentoring program to help small businesses navigate the economic challenges posed by restrictions to help slow the spread of coronavirus (COVID-19).

Click here for further details


Source: https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-support-package