Circuit Breaker Business Support Package

Vic Government announced $250 million to support businesses through this lockdown

The Victorian Government recently announced the $250 million Circuit Breaker Business Support Package to assist small to medium businesses and sole traders that are unable to operate due to the recent lockdown.

The package includes:

  • $190.01 million second round of the Business Costs Assistance Program to provide $2500 grants for eligible businesses that cannot operate during the circuit breaker restrictions. The program will open for applications on Wednesday 2 June 2021 and will remain open for applications for three weeks.
     
  • $40.7 million for a new round of the Licensed Hospitality Venue Fund providing businesses holding an eligible liquor licence and food certificate with a $3,500 grant per premises. The program will open for applications on Wednesday 2 June 2021 and will remain open for applications for three weeks.
     
  • $20 million in targeted support for the events industry. More information about this package will be available on the Business Victoria website soon.

More info: https://business.vic.gov.au/grants-and-programs/circuit-breaker-business-support-package

Posted: 01 June 2021

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