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Business Support Fund

Business Support Fund - Third Round VIC

The Business Support Fund provides businesses in specific industry sectors with funding to help them survive the extended period of restricted trading.

Close date: 23 Nov 2020 11:59 PM AEDT.
Application detail: 

Applications will remain open until funds are exhausted or until 11.59pm on 23 November 2020, whichever is earlier.

What is available?

Funding of between $10,000 and $20,000.

Who is this for?

Victorian businesses in specified industry sectors.


This round of funding aims to support businesses in industry sectors that have been restricted, heavily restricted or closed as a result of continued COVID-19 restrictions, including those in:

  • tourism
  • culture
  • entertainment
  • events
  • sports and recreation

Grants may be used to help the business to:

  • meet business costs, including utilities, salaries or rent
  • seek financial, legal or other advice to support business continuity planning
  • develop marketing and communications activities
  • carry out any other supporting activities related to the operation of the business

Eligible businesses receive:

  • $10,000 if its annual payroll is less than $650,000
  • $15,000 if its annual payroll is between $650,000 and less than $3 million
  • $20,000 if its payroll is between $3 million and up to $10 million

Eligibility criteria

To be eligible, businesses must:

  • operate a business located within Victoria
  • participate in the Commonwealth Government’s JobKeeper Payment scheme
  • employ staff and be registered with Workcover Insurance with WorkSafe Victoria
  • had a annual payroll of less than $10 million in 2019-20
  • be registered for goods and services tax (GST)
  • hold an Australian business number (ABN)
  • be registered with the responsible Federal or State regulator

How do you apply?

You can find out more about eligibility and how to apply at Business Support Fund - Third Round.

Want to see what other Grants are available?