Storm and Flood Disaster Recovery Small Business Grant: October 2021 to January 2022

Date/Deadline: 30 Jun, 2023

If you’re a small business or a not-for-profit organisation in NSW, and you’ve been directly impacted by storms and floods from October 2021 to January 2022, you may be eligible for a storm and flood disaster recovery small business grant.

This disaster recovery grant of up to $50,000 is to help pay for the costs of clean-up and reinstatement of a small business or not-for-profit organisation’s operations.

You must be a small business or a not-for-profit organisation in a defined disaster area (AGRN 987, 1001, 996, 993 and 980) to be eligible. If you’re a primary producer, you may be eligible for financial assistance tailored to your industry. Please visit the Rural Assistance Authority for information on the financial assistance available to primary producers.

Covered costs could include, but are not limited to:

– payment for tradespeople to conduct safety inspections
– equipment and materials required for cleaning up
– equipment and materials essential for immediately resuming operations
– payment for a cleaner if the service would not have been needed or exceeds ordinary cleaning costs, in the absence of the disaster
– the removal and disposal of debris, damaged materials or damaged stock
– repairing premises and internal fittings
– leasing temporary premises within the defined disaster area, replacement or repair of motor vehicles, or replacement of lost or damaged stock if it’s essential for resuming operations.

Note:
This grant is for those directly impacted by the storms and floods from October 2021 to January 2022.

Available funding
The maximum grant amount available is $50,000.

– Funds of up to $15,000 will be provided to eligible, approved applicants based on quotes which you will need to submit when you apply. You do not need to provide evidence of payment at this stage.
– Evidence, including valid tax invoices, will be required in relation to the first $15,000, if the applicant seeks funding from $15,000 to $50,000.
– To receive funds of between $15,000 to $50,000, you will need to submit evidence of payment of the relevant costs at the time of application.

If your initial grant application is for an amount less than $50,000, you can submit a second application if you require additional funds to complete eligible clean-up and reinstatement activities.

Applications close on 30 June 2023.

Eligibility
‘Direct damage’ means a direct and material impact of flood on business assets or equipment.

You must be a small business owner or a not-for-profit organisation in a defined disaster area and:

– have suffered direct damage
– be primarily responsible for meeting the costs you are claiming
– be intending 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 had been engaged in carrying on the small business at the time of the floods in the defined disaster area, or
– if you are a not-for-profit organisation, are 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 it can be shown that a majority of the income had been derived 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.

If you operate multiple small businesses, you may apply for grant funding for each eligible separate business up to the maximum amount available.

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