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An update of the government assistance packages due to the COVID 19 outbreak

$3000 COSBOA grant (micro Victorian businesses)

    

[Updated: 1 Oct 2021]

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”DOING IT TOUGH” GRANT (Victorian micro businesses only)

The Council of Small Business Organisations Australia (COSBOA) is providing a “Doing it Tough” $3,000 grant for micro-businesses and sole traders based in Victoria. Unfortunately, applications are only limited to small businesses in Victoria who have not received any COVID-related government support since June 2021. Grants are not automatically provided by meeting the eligibility but will be selected from the information in their application process, including a 300 words statement on how they are 'doing it tough'.

Amount

  • Grants of $3,000

Eligibility

 

  • Have an valid ABN 

  • Have a business address within Victoria

  • Be a sole trader or micro business (have 3 employees or less) and turnover of less than $75,000

  • Have not received any government support funds neither as a business nor an individual since 1 June 2021

Nominated finalists will be required to provide further information including,

 

  • 2020 or 2021 tax return or a BAS indicating an annual turnover of less than $75,000

  • Payroll report or similar verifying 3 or fewer employees

  • Bank details

  • Applicants may further be asked to verify spending within 6 months and provide a description of how funds assisted their business

Applications are open now until 5 pm on 11 October 2021.

(Updated 1 Oct 2021)

Disclaimer: 

Information based on facts we have summarised to the above updated date. We have not considered your personal circumstances and should you wish to consider it, please seek professional advice.

 
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