The Victorian Government is backing businesses most affected by the seven-day circuit breaker action, including operators in the hospitality, retail, events and creative industries with further targeted support.
It has announced a $250.7 million Circuit Breaker Business Support Package to help up to 90,000 Victorian businesses that have been affected by the restrictions that will run until 11:59pm on Thursday, 3 June.
The package features three initiatives for small to medium-sized businesses and sole traders, according to an official press release.
The $190.01 million second round of the Business Costs Assistance Program will offer grants of $2,500 for eligible businesses directly affected by the circuit-breaker industry restrictions, including restaurants and cafes, event suppliers, accommodation providers and non-essential retailers.
A $40.7 million new round of the Licensed Hospitality Venue Fund will provide businesses holding an eligible liquor licence and food certificate with a $3,500 grant per premises.
An allocation of $20 million will be dedicated to supporting operators in the events industry who have incurred losses due to the circuit-breaker
Businesses can register their interest in the Business Costs Assistance Program at business.vic.gov.au, so they can be notified when applications open this week. Operators eligible for the Licensed Hospitality Venue Fund payment will be contacted directly by email in coming days.
The new package builds on more than $6 billion in direct economic support from the Labor Government to help businesses get through the pandemic, including through three rounds of the Business Support Fund.
More information about the Circuit Breaker Business Support Package is available at busine
Follow The Indian Sun on Twitter | Instagram | Facebook
The Victorian Government is backing #businesses most affected by the seven-day circuit breaker action, including operators in the #hospitality, #retail, #events and #creative industries with further targeted support. #TheIndianSunhttps://t.co/G6ELHrY9jI
— The Indian Sun (@The_Indian_Sun) May 31, 2021
Donate To The Indian Sun
Dear Reader,The Indian Sun is an independent organisation committed to community journalism. We have, through the years, been able to reach a wide audience especially with the growth of social media, where we also have a strong presence. With platforms such as YouTube videos, we have been able to engage in different forms of storytelling. However, the past few years, like many media organisations around the world, it has not been an easy path. We have a greater challenge. We believe community journalism is very important for a multicultural country like Australia. We’re not able to do everything, but we aim for some of the most interesting stories and journalism of quality. We call upon readers like you to support us and make any contribution. Do make a DONATION NOW so we can continue with the volume and quality journalism that we are able to practice.
Thank you for your support.
Best wishes,
Team The Indian Sun
