If you are a small business or a not-for-profit organisation based in NSW and you have been directly impacted by the recent floods you may be eligible for the June & July 2022 storm & flood disaster recovery small business grant.
June & July 2022 Storm & Flood disaster recovery – small business grant
The NSW government has recently released the information and opened up the applications for the June & July 2022 storm & flood disaster recovery small business grant.
If you are a small business or a not-for-profit organisation based in NSW and you have been directly impacted by the recent floods you may be eligible.
The Grant of up to $50,000 is to help pay for the costs of clean-up and reinstatement of business operations.
You must be a small business owner or a not-for-profit origanisation in a defined disaster area and:
- have suffered direct damage – 'direct damage' means a direct and material impact of flooding on business assets or equipment
- be primarily responsible for meeting the costs you are claiming
- intend to re-establish your small business or not-for-profit organisation within the same area
- if you are a small business, have held an ABN (which you currently hold) and are engaged in carrying on the small business at the time of the floods in the defined disaster area
- if you are a not-for-profit organisation, be registered with the Australian Charities and Not-for-profits Commission (ACNC) or an equivalent state regulatory body and have held that registration at the time of the eligible disaster.
Sole traders with no employees who fulfil the above criteria are eligible to apply if you can show that you derive a majority of your income from the small business, or that:
- immediately before the eligible disaster, you derived a majority of your income from the business, and
- the majority of your income would have come from the business again if not for the eligible disaster.
You may also be eligible if your small business or not-for-profit organisation is located outside the defined disaster area, but:
- operates on a part-time or regular basis within the defined disaster area, and
- plant or equipment your small business owns was located in the defined disaster area and was damaged by the eligible disaster.
Running multiple business
If you operate multiple small businesses, you may apply for grant funding for each eligible separate business up to the maximum amount available.
What’s not covered
The grant is not available:
- if you’re entitled to make a claim under an insurance policy for the expenses listed in your application
- if you’ve received or are entitled to receive the expenses you are claiming under an insurance policy
- to cover loss of income as a result of the eligible disaster
- if your claim is for repairs to a building that the small business or not-for-profit organisation lets to a person for residential or commercial purposes, unless you let the property in the course of operating the small business or not-for-profit organisation
- for superannuation funds and personal investment vehicles – these are not regarded as businesses
- if you are a sole trader with no employees and you do not derive a majority of your income from the business.
For more information and to apply
Click here for more information and to apply for the grant.