Business Support Fund Assistance for Victorian small businesses impacted by coronavirus (COVID-19).

The Victorian Government has launched the $500 million Business Support Fund to help small businesses survive the impacts of the coronavirus (COVID-19) pandemic and keep people in work.

The Fund is part of the Victorian Government’s $1.7 billion Economic Survival Package.

Eligibility criteria and application guidelines are outlined below. Please read them before completing an application.

Small businesses are eligible if they meet all these criteria:

  • Employ staff
  • Have been subject to closure or is highly impacted by shutdown restrictions announced by the Victorian Government to-date. For more information on affected sectors refer to the Non-Essential Activity Directions issued by the Deputy Chief Health Officer.
  • Have a turnover of more than $75,000
  • Have payroll of less than $650,000

Further eligibility criteria are outlined below in these guidelines.

Businesses will be required to attest to their eligibility and provide supporting documentation (including BAS statements) through the application process. Applicants will be subject to audit by the Victorian Government or its representatives.

Eligible businesses will be provided with a grant to support them to manage in these unprecedented circumstances.

Please read these guidelines before completing the application form.

Completed application forms are to be submitted to the Department of Jobs, Precincts and Regions.

Applications can be made via this link:

https://businessvic.secure.force.com/PublicForm?id=bsf2020