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The First Peoples’ COVID-19 Business Support Fund has been extended, providing additional support to those who have been affected by trading restrictions.
Support grant extended for Victorian Indigenous businesses
21 October 2021
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4 minute read
The First Peoples’ COVID-19 Business Support Fund has been extended to 7 December 2021. Up to this point, eligible Aboriginal businesses can receive a one-off grant of $6,000 provided they have not already received funding under the First Peoples’ COVID-19 Support Fund that closed on 26 March 2021. Businesses such as charitable organisations, community organisations, co-operatives and Australian public companies are not eligible.
As per Business Victoria’s website, the funds can be used to meet business costs, including utilities, stock, salaries or rent; seek financial, legal or other advice to support business continuity planning; develop the business through marketing and communications activities; and, address supply chain and logistics challenges.
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The grant may also be used to pivot the business to the current environment or conduct other supporting activities related to the operation of the business.
“Applicants must provide a copy of their business certification documentation from Kinaway as evidence that the business is an eligible Victorian Aboriginal business,” Business Victoria noted.
“If the business is not a Kinaway certified business, the applicant will be required to contact Kinaway and complete the certification process before submitting their application for funding under this program.
“Applicants must also provide evidence that the business meets the minimum annual turnover of $30,000 (or pro-rata turnover if an annual turnover is not available). This evidence can be any of the following: a letter from a Qualified Agent declaring annual turnover or pro-rata turnover of three months prior to 27 May 2021; an annual Business Activity Statement (BAS) from 2018/19, 2019/20 or 2020/21; or at least one Quarterly BAS from 2019/2020 or 2020/21.”
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