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Government COVID support - Grant’s and Funding

Business Support for Regional Victoria 

A new round of support has been announced for small and medium businesses most affected by the latest restrictions. Grants to be paid through the new $146.6 million initiative,  jointly funded by the Commonwealth and Victorian Governments, will be made automatically without the need for regional businesses to make an application. 

Business Costs Assistance Program 

Businesses will automatically receive payments of $5600 ($2800 per week) if they have previously received grants under the Business Costs Assistance Round Two or July Extension programs. 

Licensed Hospitality Venue Fund 

Automatic payments of $5000, $10,000 or $20,000 per week will be made to more than 2,000 licensed hospitality premises in regional Victoria that have previously received grants under the Licensed Hospitality Venue Fund 2021 or July Extension programs. 

COVID-19 Disaster Payments 

Eligible workers who lose work due to the lockdown can access the Commonwealth’s COVID-19 Disaster Payment, as can sole-traders who do not qualify for Victorian Government support programs. 

Small Business COVID Hardship Fund 

Business that do not qualify for this support and have experienced a reduction in revenue of at least 70% are encouraged to apply for the Small Business COVID Hardship Fund, which provides grants of $14,000 to successful applicants. 

Find more information about business support programs Support for Businesses in Regional Victoria | Business Victoria or contact the Business Development team on 1300 367 700 for further support. 

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