The Victorian government has announced a number of support packages for businesses affected by the current COVID-19 circuit breaker.

The packages are aimed to assist small to medium business who are unable to operate whilst the circuit breaker is in operation.

There are three packages announced which relate to:

  • ┬áBusiness cost assistance program: provides $2,500 grants for eligible employing and non-employing businesses in the sectors most impacted.
  • Licensed hospitality venue fund 2021: provides businesses holding an eligible liquor licence and food certificate with a $3,500 grant per premises.
  • Victoria events support package: provides businesses holding an eligible liquor licence and food certificate with a $3,500 grant per premises.

Announced on the 2nd of June, grants will also double if eligible businesses are affected for both weeks of the lockdown, but will remain at the above figures if affected for only one week of the lockdown.

The above programs will open for applications on Thursday the 3rd of June.

If you have any questions please contact your BKM representative for further assistance.

By Daniel Shaw, Principal at DFK Benjamin King Money