Disaster recovery small business grant – storms and floods August and September 2022 onwards

If your business has been impacted by the severe weather and flooding from August / September 2022 onwards, you may be eligible for the NSW Disaster recovery small business grant – storms and floods.

This is a grant of up to $50,000 to help pay for costs of clean-up and reinstatement of your small business, after it has suffered direct damage as a result of the severe weather and flooding from 4 August 2022.

Eligible Businesses / Sole traders

Your business must:

employ 20 or less full time equivalent employees; 
hold an active Australian Business Number (ABN) at the time of severe weather and flooding; 
Be located in the defined disaster area and have suffered direct damage – ‘direct damage’ means a direct and material impact of flooding on business assets or equipment
be primarily responsible for meeting the costs you are claiming
intend to re-establish your small business within the same area

Sole traders with no employees who fulfil the above criteria are eligible to apply if you can show that you derive a majority of your income from the small business.

Note if you applied under the June / July 2022 program you will need to talk to Service NSW to complete your application.

What costs are 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
replacing or repairing damaged business vehicles
leasing temporary premises, replacing or repair of motor vehicles, or replacing lost or damaged stock, if it’s essential for resuming operations.

Note if you are going to make a claim under your insurance policy, or you receive donations to cover the costs incurred, you can not also include those costs in any grant application. Also you can not claim any loss of income.

What Funding is available?

The maximum grant amount available is $50,000.

For claims up to $25,000, all you need is a list of the storm or flood-related damage with photographic evidence.

For claims between $25,000 to $50,000, you will need to provide evidence of payment at the time of application.

Note you can submit a second application, if your first claim was under $50,000.

How to Apply

To learn more and apply click here

Note applications close 30 June 2023

Wayne Wanders is an experienced Business Advisor skilled in analysing business financial performance and cash flow. Wayne may also be able to assist you in preparing your grant application. Contact Wayne below for a free no obligation session.

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