ICYMI: The Queensland Government has announced a new grant for small businesses struggling through the COVID-19 restrictions. They’re slinging $10k grants to small businesses who need to make changes or adaptations to open and rebuild on the other side of the pandemic.
The aim of the grant is to help small businesses adapt and keep their businesses afloat. There are a bunch of small businesses currently affected by the restrictions around Queensland. From cafes and restaurants who, only now are able to open up their dining rooms — albeit to 10 lucky guests. To boutique travel agencies, wedding vendors, and my eyebrow artist, specifically.
What’s it for?
So, ya pals at the Queensland Government are aiming to help small businesses through these adaptation grants. They’ve listed things like accessing and utilising new technologies, taking up online opportunities, upskilling staff (particularly with those said new technologies), and creating and retaining employment.
They’re saying the $10k grant could go towards things like financial, legal, and marketing services, or any other professional advice you need to properly adapt your business. So, you could you could put the grant towards a new website or online store to sell your products or services online. You could put it towards content development and some digital PR for your new offerings — think social posts, local directories, and local publications.
Or, it could go towards new, necessary equipment you need to reopen safely post-restrictions and to adhere to COVID-19 SAFE requirements. The government listed a few other ideas for the grants. You can catch the whole spiel over here.
What about eligibility?
Good question. You need to have been subject to closure, or highly impacted by the COVID-19 restrictions. You need to be able to prove your revenue has been significantly impacted since the 23rd March this year and over a minimum of one month. You’ll also need to employ staff, but no more than 20 of them as well as:
- have a valid ABN active from at least 23rd March 2020
- be registered for GST
- have a headquarters in Queensland
- have an annual turnover over $75,000 for the last financial year
- have a payroll of less than $1.3 million
- not be insolvent or have owners/directors that are an undischarged bankrupt
Making serious changes in light of the COVID-19 restrictions? Changing up your business? Work with us to create a new website, online store, or landing page to get your new offering out there — we have payment plans available too. Head here to book a meeting with Tom or over here to apply for the grant, which FYI is already at 27 per cent capacity.