The NSW Government has opened a second grant to Small Businesses in NSW. The previous grant of $10,000 has now closed. The new Small Business Recovery Grant is for funding up to $3,000 is to assist small businesses reopening safely and welcoming back customers.

The grant is open from 1 July 2020 until 16 August 2020. The grant is to be used for a limited range of services for small businesses and not-for-profits which included;

  • digital solutions (e-commerce or a business website)
  • business advice and continuity planning
  • marketing, communications and advertising
  • fit-out changes and temporary physical changes
  • staff training and counselling
  • cleaning products and cleaning services

The Small Business Recovery Grant can only be used for purchases from 1 July 2020 and the grant can only be used for expenses for which no other government support is available.

If you have previously received the $10,000 NSW Small Business Grant you may still be eligible. The eligibility criteria include;

  • have an Australian Business Number (ABN) as at 1 March 2020 registered in NSW;
  • have total Australian wages below the NSW Government 2019-20 payroll tax threshold of $900,000 as at 1 March 2020;
  • have fewer than 20 full-time equivalent (FTE) staff (including non-employing businesses) as at 1 March 2020;
  • have an annual turnover of more than $75,000 as at 1 March 2020;
  • have experienced a decline in turnover of at least 30 per cent from March to July 2020 compared to the equivalent period (of at least 2 weeks) in 2019;
  • are in a highly impacted industry as at 1 March 2020. These industries were impacted by the COVID-19 Restrictions on Gathering and Movement Order 2020;
  • have costs from 1 July 2020 associated with safely reopening or scaling up their business.

The industries that were highly impacted and are eligible for this grant are;

Accommodation and Food Services

  • Clubs (Hospitality)Accommodation
  • Pubs, Taverns and Bars
  • Cafés and Restaurants
  • Catering Services

Administrative and Support Services

  • Travel Agency and Tour Arrangement Services
  • Other Administrative Services

Arts and Recreation Services

  • Museum Operation
  • Zoological and Botanical Gardens Operation
  • Casino Operation
  • Other Gambling Activities
  • Other Horse and Dog Racing Activities
  • Performing Arts Operation
  • Performing Arts Venue Operation
  • Amusement and Other Recreational Activities not elsewhere classified
  • Amusement Parks and Centres Operation
  • Health and Fitness Centres and Gymnasia Operation
  • Horse and Dog Racing Administration and Track Operation
  • Nature Reserves and Conservation Parks Operation
  • Sports and Physical Recreation Administrative Service
  • Sports and Physical Recreation Clubs and Sports Professionals
  • Sports and Physical Recreation Instruction
  • Sports and Physical Recreation Venues, Grounds and Facilities Operation

Information Media and Telecommunications

  • Libraries and Archives
  • Motion Picture Exhibition

Manufacturing

  • Beer Manufacturing
  • Spirit Manufacturing
  • Wine and Other Alcoholic Beverage Manufacturing

Rental, Hiring and Real Estate Services

  • Real Estate Services

Other Services

  • Brothel Keeping and Prostitution Services
  • Hairdressing and Beauty Services
  • Laundry and Dry-Cleaning Services
  • Other Personal Services not elsewhere classified

Retail (excluding food retailing)

  • Car Retailing
  • Motor Cycle Retailing
  • Trailer and Other Motor Vehicle Retailing
  • Motor Vehicle Parts Retailing
  • Tyre Retailing
  • Furniture Retailing
  • Floor Coverings Retailing
  • Houseware RetailingManchester and Other Textile Goods Retailing
  • Electrical, Electronic and Gas Appliance Retailing
  • Computer and Computer Peripheral Retailing
  • Other Electrical and Electronic Goods Retailing
  • Hardware and Building Supplies Retailing
  • Garden Supplies Retailing
  • Sport and Camping Equipment Retailing
  • Entertainment Media Retailing
  • Toy and Game Retailing
  • Newspaper and Book Retailing
  • Marine Equipment Retailing
  • Clothing Retailing
  • Footwear Retailing
  • Watch and Jewellery Retailing
  • Other Personal Accessory Retailing
  • Department Stores
  • Pharmaceutical, Cosmetic and Toiletry Goods Retailing
  • Stationery Goods Retailing
  • Antique and Used Goods Retailing
  • Flower Retailing
  • Other Store-Based Retailing not elsewhere classified
  • Non-Store Retailing
  • Retail Commission-Based Buying and/or Selling

Transport

  • Air and Space Transport
  • Water Passenger Transport
  • Scenic and Sightseeing Transport

Education and Training

  • Preschool Education
  • Primary Education
  • Secondary Education
  • Combined Primary and Secondary Education
  • Special School Education
  • Technical and Vocational Education and Training
  • Higher Education
  • Sports and Physical Recreation Instruction
  • Arts Education
  • Adult, Community and Other Education not elsewhere classified
  • Educational Support Services

Wholesale trade

  • Textile Product Wholesaling
  • Clothing and Footwear Wholesaling
  • Pharmaceutical and Toiletry Goods Wholesaling
  • Furniture and Floor Covering Wholesaling
  • Jewellery and Watch Wholesaling
  • Kitchen and Diningware Wholesaling
  • Toy and Sporting Goods Wholesaling
  • Book and Magazine Wholesaling
  • Paper Product Wholesaling
  • Other Goods Wholesaling not elsewhere classified
  • Commission-Based Wholesaling

Professional, Scientific and Technical Services

  • Professional Photographic Services

Note: Small businesses that do not fall under one of the highly impacted industries are not eligible for the Small Business Recovery Grant.

To apply and for more information please visit the Service NSW Website.


If you require assistance with any of the Government Stimulus packages on offer, please contact our office on (02) 6362 8255 or email hello@thriveadvice.com.au.

*Our tailored Stimulus Package services are priced from $250.