Your business may be eligible for financial support through the 2021 COVID-19 Business Support Grants. Grants are available to eligible small and medium businesses and not for profit organisations, and large tourism and hospitality businesses and not for profit organisations across Queensland affected by the August 2021 COVID-19 lockdowns.
AVALIABLE FUNDING
You may be eligible to receive a grant of between $10,000 and $30,000 (excluding GST) depending on the size of your business. This grant may be used for business expenses.
Under the joint Queensland and Australian Government support package, tiered payments based on payroll size for eligible businesses and not-for-profit organisations across Queensland are available.
These include:
- $10,000 grant to employing small businesses and not-for-profit organisations with an annual payroll in Queensland of less than $1.3 million
- $15,000 grant to employing medium sized businesses and not-for-profit organisations with an annual payroll in Queensland between $1.3 million and $10 million
- $30,000 grant to employing large sized tourism and hospitality focused businesses and not-for-profit organisations with an annual payroll in Queensland of greater than $10 million.
WHO CAN APPLY
1. Small businesses and not for profit organisations
To be eligible, you:
- have a turnover of more than $75,000 per annum and have an annual payroll in Queensland of less than $1.3 million
- Be a Queensland-based employing business who has had a decline in turnover of more than 30% due to the South East Queensland lockdown commencing 31 July 2021 or the Cairns and Yarrabah lockdown commencing 8 August 2021 or any other lockdown in the month of August 2021. Or,
2. Medium businesses and not for profit organisations
To be eligible, you must:
- have a turnover of more than $75,000 per annum and have an annual payroll in Queensland of between $1.3 million and $10 million
- Be a Queensland-based employing business who has had a decline in turnover of more than 30% due to the South East Queensland lockdown commencing 31 July 2021 or the Cairns and Yarrabah lockdown commencing 8 August 2021 or any other lockdown in the month of August 2021. Or,
3. Large tourism and hospitality businesses and not for profit organisations
To be eligible, you must:
- be operating in the tourism and hospitality sector
- have a turnover of more than $75,000 per annum and have an annual payroll in Queensland of more than $10 million
- Be a Queensland-based employing business who has had a decline in turnover of more than 30% due to the South East Queensland lockdown commencing 31 July 2021 or the Cairns and Yarrabah lockdown commencing 8 August 2021 or any other lockdown in the month of August 2021. Or,
4. Non-employing Sole Traders
Under the joint Queensland and Australian Government package, a $1,000 one-off grant to non-employing sole traders across Queensland has been announced.
If you are a Queensland-based non-employing sole trader who has had a decline in turnover of more than 30% due to the South East Queensland lockdown commencing 31 July 2021 or the Cairns and Yarrabah lockdown commencing 8 August 2021, you may be eligible for a one-off $1,000 grant.
Note: Applications for the non-employing sole trader $1,000 grant are not to be submitted via the QRIDA portal. Application details for this grant will be available in the coming days.
APPLICATIONS OPEN
Applications will open at 12pm (midday), 16 August 2021. All eligible businesses who apply for a grant during the 3-month application period will receive funding.
HOW TO APPLY
You will need to apply online with supporting evidence through the Queensland Rural and Industry Development Authority (QRIDA) portal.
Create a QRIDA profile
To get ready, create a QRIDA profile so you can submit as soon as applications open.
If you do not have a QRIDA profile login, complete the following steps:
- Visit the QRIDA portal to create your profile.
- If you have not registered with QRIDA before:
- click on the ‘Register’ tab and enter your details
- after registering, QRIDA will send an email to validate your account – allow time to receive this email (remember to check your junk email too)
- when you have validated your account, you will be ready to log into the QRIDA portal and submit when applications open.
Check your QRIDA profile
If you already have a QRIDA portal login (i.e. to apply for a grant or loan previously), you should:
- Login to the QRIDA portal to test your password (Note: You may need to reset your password before the grant opens).
- Confirm all your details are correct.
ASSISTANCE REQUIRED
If you need assistance in determining your eligibility of a 30% decline or an accountants letter, please contact Chris Dobbie at our office on 07 5585 0600.
These additional services start from $440 for employers ($220 for sole traders) depending on the complexity of your situation.
Please review your circumstances as soon as possible as the grant expires on 16th November 2021.
For more information, please click on the links below: