All about the "Third Round" of the Victorian Business Support Fund


The Victorian Government's "Business Resilience Package" (previously called the "Business Survival and Adaptation Package") was announced last weekend.

It will provide $3 billion in cash grants, tax relief and cash flow support to Victorian businesses, and includes a third phase of the Business Support Fund grant program. 

Grant Amounts

The amount of grants available from this program range from $10,000 to $20,000 depending on the business’ annual payroll. 

Annual Payroll

Grant Amount ($)

< $650,000

$10,000

$650,000 - $3,000,000

$15,000

$3,000,000 - $10,000,000

$20,000

.

Eligibility Criteria

In order to be eligible for this grant, your must:

  • Operate a business located within Victoria; and
  • Participate in the JobKeeper Payment scheme; and
  • Employ people and be registered with WorkSafe; and
  • Have had an annual payroll of less than $10 million in 2019-20; and
  • Are registered for Goods and Services Tax (GST); and
  • Hold an Australian Business Number (ABN).

How to Apply

Applications open on Friday 18 September 2020. 

  • You are able to apply for this program yourself on the Business Victoria website. We do recommend you chat to us before applying to confirm compliance details.
  • Aintree Group can apply for this grant on your behalf for a fixed fee of $250 + GST. Please note, we will require your full cooperation and assistance in getting us the information we need to complete the application on your behalf. 

If you would like to talk to Aintree Group about applying for this grant on your behalf, email ccarter@aintreegroup.com.au. 


Click here for other Government Packages and other COVID-19 Assistance.