Supports small businesses (including farm enterprises) and not-for-profit organisations to recover from the downturn in revenue experienced as a result of the impacts of the 2022-23 high water flows on the River Murray and associated restrictions.
Grants are provided to support eligible small businesses and not-for-profit organisations to recover from the floods and rebuild resilient businesses. This may include, but is not limited to, any of the following:
– Meeting standing business costs, including utilities, salaries and rent
– Seeking financial advice to support the recovery of the business
– Adjusting the business to be viable in the changed local context following the flooding
– Developing the business and extending business reach through marketing and communications activities
– Improvements to make the business more resilient to future disasters
– Retaining, staying connected to, and supporting existing employees.
To be eligible for the grant, the applicant must:
– Be a small business entity or a not-for-profit organisation
– Hold an Australian Business Number (ABN) and have held that ABN at the time of the eligible disaster
– Not have been approved for or received grant funding through the Early Business Closure Grants Program
– Have been operating the small business or not-for-profit organisation in a defined disaster area when affected by the eligible disaster
– Demonstrate a decline in revenue of 30% or more in a relevant three-month period (compared to a relevant three-month period in the previous year) as a result of the eligible disaster in the defined disaster area. Relevant three-month periods include October – December 2022 or January – March 2023
– Demonstrate a minimum of $10,000 income in the comparative quarter of the previous year.