The Northern Rivers medium size business flood grant will provide up to $200,000 to medium sized businesses and not-for-profit organisations that are impacted by floods in February and March 2022, in selected Northern Rivers regions of NSW. 

Eligibility for the Northern Rivers medium size business flood grant

To be eligible for the small business flood grant your business must:

• Be physically located and operated in the following Northern Rivers regions of NSW: Ballina, Byron, Clarence Valley, Kyogle, Lismore, Richmond Valley, and Tweed local government areas.
• Have an ABN and have been operating in NSW on 22 February 2022.
• intend to continue operating or re-establish operations within the highly impacted Northern Rivers LGA noted above.
• have suffered direct damage – ‘direct damage’ means a direct and material impact of flooding on business assets or equipment
• be responsible for meeting the costs you are claiming
• have employed a minimum of 21 and less than 200 full-time equivalent employees as at 22 February 2022.

NOTE: Businesses that receive the $50,000 Flood Disaster Recovery Small Business Grant or the $10,000 Small Business flood grant will not be eligible for this grant.   To learn more about the $50,000 Flood Disaster Recovery Small Business Grant click here.  To learn more about the $10,000 Small Business flood grant, click here.

What can the funds be used for?

The Northern Rivers business support package can be used to cover business costs such as:

• 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, or repairing or replacing internal fittings, if it’s essential for resuming operations
• leasing temporary premises, if it’s essential for resuming operations
• replacing or repair of motor vehicles, if it’s essential for reinstatement of the business
• replacing lost or damaged stock, if it’s essential for immediately resuming operations
• temporarily adopting an online business model

Available funding

The maximum grant amount available is $200,000.

Funds of up to $25,000 will be provided based on quotes or estimates submitted in your application.  You may not need to provide evidence of payment.

To receive funds of between $25,000 to $200,000, you will need to submit evidence of payment of the relevant costs at the time of application.  Note you can lodge multiple applications, especially if you are limited for cash. 

How to Apply

It is a 2 step process.  Firstly apply for the Northern Rivers medium size business flood grant.  If approved then you claim your grant.

Click here to learn more about this grant and to apply. 

If you want some help, contact me below.

Contact Wayne Wanders for your FREE Business Survival Session

At the end of this session, you will have multiple ideas on how your business can survive and thrive in these uncertain times.

Simply fill in the contact form below or email me at wayne@aRealCFO.com.au or call me on 0412 227 052 to organise one of these obligation free sessions.

Wayne Wanders, A Real CFO

wayne@aRealCFO.com.au