Grants: SA business relief with two additional COVID-19 grants now available
1. Government of South Australia grants – up to $11,000 available.
The South Australian Department of Treasury and Finance is now administrating another grant: the Business Hardship Grant covering December 2021 to February 2022. This is a new grant that will provide much needed funds for South Australian businesses that have experienced a 50 per cent or more decline in turnover over a set period compared to a comparable period due to the impact of COVID-19.
You must be able to compare your turnover to another comparative period to prove eligibility.
Other conditions include:
- Have a valid and active Australian business number (ABN) and have been carrying on the operation of a business in South Australia.
- Be registered for the GST.
The grant is in addition to the Tourism, Hospitality and Gym Grant and the previous Business Hardship Grant. However, all eligible businesses must submit a grant application. For more details on eligibility, please contact us on 08 8272 5620 or email your dmca advisory accountant.
2. Adelaide City Council grants
Adelaide City Council runs the City Business Saver Grant which supports small businesses in the city impacted by COVID-19.
Eligible businesses can apply for a cash reimbursement equivalent to 50 per cent of the third quarter 2021-22 financial year council rates. The grant is open only to micro and small businesses that operate within the City of Adelaide.
Criteria includes:
- must employ between 1 – 20 employees
- must occupy non-residential properties
- must occupy a space that would be the equivalent to $0 to $15,000 in council rates (businesses do not need to be directly responsible for payment of rates in order to be eligible)
- can provide proof of a 30% loss of revenue from 27 December 2021 to 9 January 2022, from 10 January 2022 to 30 January 2022 or from 1 February 2022 to 28 February 2022.
Businesses that have received either the COVID-19 Business Hardship Grant SA or COVID-19 Tourism, Hospitality and Gym Grant SA will be instantly approved on providing proof of their assessment outcome. Grant applications close on Thursday 31 March 2022.