The Queensland Government has announced Round 2 of Small Business Adaption Grant Program to assist businesses affected by COVID-19 to adapt and sustain their operations and build resilience.
The Program aims to see small and micro businesses:
- prepare for the safe resumption of trading in the post COVID-19 recovery;
- access digital technologies to rebuild business operations and transition to a new way of doing business;
- respond to online opportunities, where possible, to sustain employment and maintain
- potential for longer-term growth;
- upskill and reskill business owners and staff to benefit from new technologies or business models;
- embrace business diversification to adapt and sustain operations; and
- create or retain employment.
The grants of up to $10,000 can be used for:
- financial, legal or other professional advice to support business sustainability and diversification;
- strategic planning, financial counselling or business coaching aligned to business sustainability and diversification;
- building the business through marketing and communications activities, such as content development (web pages, mobile apps, visual and audio media etc.);
- digital/technological strategy development;
- digital training or re-training to adapt to new business models;
- capital costs associated with meeting COVID-19 safe requirements;
- specialised digital equipment or business specific software to move business operations online (e.g. logistics program for online ordering); and
- meeting business costs, including utilities, rent.
To be eligible for this grant, the small or micro business must:
- have been subject to closure or otherwise highly impacted by the shutdown restrictions announced by Queensland’s Chief Health Officer on 23 March 2020;
- demonstrate you have experienced a minimum 30% decline since 23 March 2020, over a minimum 1-month period due to the onset and management of COVID-19;
- employ staff and have fewer than 20 employees at the time of applying for the grant;
- have a valid Australian Business Number (ABN) active as at 23 March 2020;
- be registered for GST;
- have a Queensland headquarters;
- have an annual turnover over $75,000 for the last financial year;
- have a payroll of less than $1.3 million; and
- not be insolvent or have owners/directors that are an undischarged bankrupt.
At CyberGuru we can assist you with consulting to develop a digital strategic plan and ICT equipment to suit your requirements, as well as design and web development, support and digital training. If you would us like to help you in applying for a grant, then contact us today.
Applications for Round 2 open on 1 July. Round 1 of these grants was claimed in only three days with no prior notice so we highly recommend businesses have their application ready to submit on this date.
Further details are available on the Business Queensland (link opens in new window) website or by contacting the Queensland Small Business Hotline on 1300 654 687.
If you would us like to help you in applying for a grant, then contact us today.