Doing it Tough: Grants for Micro Businesses
With the ongoing COVID-19 lockdowns and restrictions, many small business owners are doing it tough right now.
This is especially true for the smallest businesses, some of whom have struggled to receive government grants.
The Council of Small Business Australia (COSBOA) has joined forces with GoFundMe, Commonwealth Bank, and Transurban to create the Doing it Tough grant program for micro businesses and sole traders.
Grants of $3,000 will be available to Victorian micro-businesses with three or fewer employees, a turnover of less than $75,000, and who have not received COVID-related government support since June 2021.
COSBOA CEO Alexi Boyd said, “We’re very excited to have the opportunity to give these grants to microbusinesses who are doing it tough right now. Whether they’re struggling to pay their basic business expenses, re-pay debt from 2020 lockdowns, or are trying to pivot to make their business viable in a COVID-19 world, these grants are here to help.”
Applications close at 5pm on Monday, 11 October 2021.