On Monday 9 August 2021, the Australian Government and Government of South Australia announced a new $3,000 cash grant program for businesses and $1,000 for sole traders in eligible industry sectors - such as hospitality, creative venues and artists, tourism, gyms and transport.
South Australian businesses that continue to be significantly impacted by ongoing COVID-19 density and trading restrictions may be eligible for additional financial support. Businesses based in the Adelaide CBD may be eligible for an additional $1,000, acknowledging the significant decrease in city foot traffic.
The program, funded 50:50 by the Commonwealth and State Government, will offer:
- $1,000 grants for non-employing businesses
- $3,000 grants for employing businesses with turnover less than $2 million
- $10,000 grants for employing businesses with turnover greater than $2 million
- $20,000 grants for employing businesses with turnover greater than $5 million.
The State Government says the $3,000 and $1,000 grants will be paid out automatically to those businesses which received support from the COVID-19 Additional Business Support Grant in August.
Applications close at 11:59pm on 17 October 2021. For further information please refer to the link below.