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Circuit Breaker Action Business Support Package

Circuit Breaker Action Business Support Package

by Craig Smith, Partner, Business Services      |       5 March 2021     


To help businesses manage the impact of the COVID-19 pandemic and the recent five-day circuit-breaking lockdown, the Victorian Government has announced a $143 million support package to provide financial assistance to eligible businesses.

There are four initiatives available as part of this program:

2. Business Costs Assistance Program

A grant of $2000 is available where businesses incurred costs through the loss of perishables or cancelled bookings.
Businesses in the following industries may be eligible to apply:
- hospitality
- food wholesaling
- tourism, events and related services
- selected retail

Applications for this grant close 16 March 2021.

For more information, contact your Ashfords advisor or click here.

2. Licensed Hospitality Venue Fund

A grant of $3000 is available to help with costs incurred because of the circuit-breaking lockdown. This will be an automatic payment that eligible businesses will receive. Eligible businesses are those that received a grant through the Licensed Hospitality Venue Fund, still hold an active liquor licence as at 16 February 2021, and the venue is still in operation.

3. Victorian Accommodation Support Program

This is a two-tier support system for accommodation providers who incurred booking cancellations because of the circuit-breaking lockdown. Applications for this grant close on the 16 March 2021.

4. Travel Voucher Schemes

Two voucher schemes are being offered to encourage Victorians to travel within the state. Registrations for Round 3 of this scheme open on 30 March 2021 for travel between 6 April 2021 and 31 May 2021.

If you require assistance with applying for any of the above grants or further information to see if your business is eligible, please do not hesitate to contact us at Ashfords on 03 9551 2822.

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