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Home » Featured » Government grants for Small Business in 2022

New Government grants 2022-Capify Australia

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Government grants for Small Business in 2022

February 9, 2022
TIME TO READ 3 mins

The Australian government have launched several initiatives to support small businesses during the pandemic, but there have been so many updates it’s hard to keep up with what is available to whom.

So we’ve decided to do a quick re-cap to help you out.

1. 2022 Small Business Support Program

The NSW Government has recently announced a new initiative; the 2022 Small Business Support Program which aims to help businesses survive the impacts of the Omicron COVID-19 strain.

Who is eligible?

Have an aggregated annual turnover of between $75,000 and $50 million as of 30 June 2021
Have experienced at least a 40 per cent turnover decline during January 2022, compared to January 2021 or 2020
and experienced at least a 40 per cent turnover decline from 1 to 14 February 2022 as a result of Omicron disruption, compared to the same fortnight in February of 2021 or 2020
employing businesses must maintain their employee headcount as is by 30 January 2022

Eligible businesses and not-for-profit organisations will receive 20% of weekly payroll as a lump sum for the month of February, with a minimum payment of $750 per week up to a maximum payment of $5,000 per week. Eligible non-employing businesses will receive $500 per week, paid as a lump sum of $2,000.

End date

This initiative is available for the month of February only.

Please check www.service.nsw.gov.au/transaction/2022-small-business-support-program for more details.

2. Small Business Fees and Charges Rebate

The NSW Government has announced that the small business fees and charges rebate will increase from $2,000 to $3,000. Eligible employing businesses will be able to use the rebate against 50% of the cost of rapid antigen tests from late March.

This rebate helps businesses recover from the impacts of COVID-19 and encourages growth by reducing the cost of running a business. Eligible businesses or not-for-profits only need to apply for the rebate once, but can submit multiple claims until the full value of $3,000 is reached.

Who is eligible?

have total Australian wages below the NSW Government 2020–21 payroll tax threshold of $1.2 million
have an Australian Business Number (ABN) registered in NSW and/or have business premises physically located and operating in NSW.

End date

30 June 2022

Please check www.service.nsw.gov.au/small-business-fees-and-charges-rebate for more information.

3. Pandemic Leave Disaster Payment

Pandemic Leave Disaster Payment is a lump sum payment to help you during the time you can’t work and earn income because you have to:

self-isolate or quarantine due to COVID-19
you’re caring for someone who has to self-isolate or quarantine due to COVID-19.

Both Rapid Antigen Test (RAT) and Polymerase Chain Reaction (PCR) test results will be accepted.

Who is eligible?

You can find out more about eligibility and how to apply on the Services Australia website.

End date

Your isolation or caring period must begin on or before 30 June 2022.

4. Commercial Landlord Hardship Grant

The NSW Government has announced that the Commercial Landlord Hardship Grant has been extended until 13 March 2022.

If you’re a small commercial or retail landlord, you may be eligible for a grant under the commercial landlord hardship fund if your main source of income is impacted due to providing rent relief to tenants financially impacted by COVID-19 restrictions.

Applications for eligible landlords who provided rent relief from 15 November 2021 to 13 January 2022 will open in early February.

Please see https://www.service.nsw.gov.au/transaction/apply-commercial-landlord-hardship-grant for full eligibility criteria.

End date

Applications close 31 March 2022

5. JobMaker Hiring Credit

The JobMaker Hiring Credit provides employers with incentive payments for hiring job seekers aged 16 – 35.

You can register and then claim JobMaker Hiring Credit payments for 12 months for each new job filled.

You may be able to get payments of:

up to $200 a week – for each eligible employee aged 16 to 29 years old
up to $100 a week – for each eligible employee aged 30 to 35 years old.

Who is eligible?

There are various eligibility criteria the employer and employee need to meet in order to qualify. You can see all eligibility criteria here: https://business.gov.au/.

End date

06 Oct 2022

6. NSW Performing Arts Relaunch Package

The aim of this package is to relaunch the performing arts sector in line with the NSW Government roadmap to recovery.

This package is an extension of the original Performing Arts COVID Support Package that was designed to support the sector while in lockdown. It is designed to assist the sector to relaunch by providing certainty and confidence as audiences return to theatres and other performance venues.

For more information including eligibility, please check

End date

Funding will cover eligible performances from 19 September 2021 to 30 April 2022.

7. QLD Covid Assistance

Queensland offers a discover and support page for businesses impacted by the COVID-19 outbreak, you may be eligible for financial assistance or other types of relief.

Visit following links to know more:

https://www.business.qld.gov.au/starting-business/advice-support/grants/finding

https://www.business.qld.gov.au/covid-assistance

8. VIC Business Grants & Support

Victoria offer a number of covid related financial aid including SME recovery loan scheme, commercial and employment aid. Visit to know more: https://www.coronavirus.vic.gov.au/business-grants-and-support

9. Other Support Packages & Incentives

There are also ongoing grants, funding and support programs available depending on your industry, areas of concern or general tax and business benefits. There are currently 712 grants and programs available at the moment so keeping up to date with what may be relevant for your business, this may help change your current business situation. Learn what business opportunities are available for you now: https://business.gov.au/grants-and-programs

Further information for Covid effected Businesses

Here is some useful information on Covid effected business that may help you get through these hard times. Whether you need funding for employees, industry support, additional resources or need questions answered. For more information, please check

https://business.gov.au/

https://business.vic.gov.au/grants-and-programs/pandemic-leave-disaster-payment

If you are in need of further financial assistance or advice let us know and we can help with getting you the right funding. Call 1300 760 930 to talk to one of our friendly loan specialist or Get Started here.

If you do require funding but are unsure about your options, chat with one of our lending specialists on 1300 760 930 or Get Started so that we can assist you with getting funds approved within 24 hours.

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