COVID-19 Business support programs
The Federal and Territory Government have announced a new $12.5 million package for Territory businesses impacted by COVID-19 restrictions.
Following the Commonwealth declaring Greater Darwin and Katherine as hotspots, additional financial support will be available to businesses and organisations who are reliant on interstate and international visitation. To find out more and apply CLICK HERE
This is in addition to a second round of the Territory Small Business Lockdown Payment Program and includes:
A new $9 million Visitation Reliant Support Program will be available for tourism and hospitality businesses reliant on international and interstate visitation. Under the co-funded scheme, employing businesses will receive a $3,000 payment, while sole traders will receive a $1,000 payment. Eligible businesses must have an annual turnover of less than $10 million, and will need to demonstrate a 30 per cent decrease in turnover as a result of the lockdown – particularly relating to visitation.
Terms and conditions will be available from 20 August 2021. Applications will open on 25 August 2021.
A new $1.3 million Tourism Survival Fund will be available for touring, professional conference organisers, exhibition build companies and eligible attractions, providing highly targeted support to those operators most impacted by the lack of international visitors and who have not benefitted from tourism vouchers. Under the scheme businesses will be able to access payments between $5,000 and $30,000 depending on their annual turnover which must be less than $10 million. Eligible businesses must be able to demonstrate a 30 per cent decrease in turnover in July 2021, compared to the same period in 2019, as a result of restrictions on travel.
Terms and conditions will be available from 20 August 2021.
Applications will open on 25 August 2021.