NSW government realises the importance of capital for small businesses, sole traders, and professionals trying to grow and expand their services. A vast majority of these small businesses and start-ups face troubles within the first year of their operations because of shortage of capital. In this article, we shall talk about some important programs launched by the government of New South Wales that are aimed towards providing financial help and support to professionals and small business owners.
2021 Covid-19 Business Grants NSW
Covid-19 has adversely impact thousands of businesses in NSW. If your business has been badly impacted by lockdowns and restrictions imposed on account of Covid-19, this program is for you. It is currently open and its closing date is 1 October 2021. Under this program, you can get funding based upon the loss incurred by your business because of Covid-19. Eligible businesses can get funding to cover the costs of rent, utilities, wages, and perishable products.
- Your business must be based in NSW
- It must have a valid ABN
- Total turnover must be between $75,000 and $30 million
- Wages must be less than $10 million
- Eligible businesses can get funding to cover the costs of rent, utilities, wages, and perishable products
Jobs Plus Program NSW
As the name suggests, this program by the government of NSW gives support to companies to expand their footprint in NSW. There are a number of support measures for eligible businesses under this program. Jobs Plus Program NSW is currently open and its closing date is 30 June 2022. This program is only for businesses operating within NSW. The main motive of the program is to help businesses to expand and grow to create more job opportunities for the local population. It is a $250 million program that aims to create more than 25,000 jobs in NSW.
Main features of Jobs Plus Program NSW:
- Payroll tax relief
- Fast paced planning approval
- Subsidised training
- Providing infrastructure
- Quick and easy access to government agencies
- Spaces and accommodation for free or subsidised rates
- Business must be located in NSW
- It must have ABN
- It must be generating revenue
Women in Business NSW
This program from the government of NSW is mainly for female entrepreneurs. It aims to provide all help and assistance to businesswomen desirous of setting up a new business or to grow and expand an already existing business. It provides access to all kinds of resources, services, and subsidised training to businesswomen. The program is currently open and eligible businesswomen can apply under this program at any time.
- You must be over the age of 19
- You must be a woman
- You must own a business or willing to start a new one
- You must have ABN
- Number of employees must be less than 199
Please contact one of our advisers to learn more about the above-mentioned programs at the number mentioned below.