Applications Now Open for Small Business Program

Written by: The Yass Phoenix

Applications-Now-Open-for-Small-Business-Program

If you’re a business, sole trader or not-for-profit organisation in NSW and you’ve been impacted by the Omicron wave of COVID-19, you may be eligible for a payment under the 2022 Small Business Support Program.

The program provides cash flow support to help eligible businesses survive the impacts of COVID-19 and maintain their NSW employee headcount. Member for Goulburn Wendy Tuckerman further explained that “Over the summer, Omicron meant many people chose to stay at home, which hit many small businesses in the community hard, especially in the hospitality and tourism sectors.”

Eligible businesses will receive one payment covering the 4-week period of February 2022. Businesses will not receive payment for January 2022.

If you’re an employing business, the payment will be equivalent to 20 per cent of weekly payroll for work performed in NSW:

  • minimum payment will be $750 per week
  • maximum payment will be $5,000 per week.

Funds can be used to cover business expenses such as wages, rent, loss of perishable goods, professional services and other costs. Applications can be made online through the Service NSW MyAccount, by visiting a local service centre or by calling 13 77 88.

Applications close on 31 March 2022.

For more information on the support program, please visit: https://www.service.nsw.gov.au/transaction/2022-small-business-support-program

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