The Backing International Small Restaurants Grant program is now open for applications

If you are a small independent hospitality business in Sydney or Melbourne, and want some funding, then the Backing International Small Restaurants program may be what you are looking for. This program will provide 10 grants of $21,500 to support the venue for long term business sustainability.

Are you Eligible?

To be eligible for the Backing International Small Restaurants program you:

Any restaurant, pub, bar, café with food service in Greater Sydney or Greater Melbourne
Be currently open for business
Be a small/independently-owned restaurant, café, bar or pub with food offering and not part
of a franchise with more than 5 locations
Have an annual revenue in 2023 of less than $2m

Here are the 2023 recipients from Sydney. Kabul Social in Sydney’s CBD and North Sydney, Viand in Woolloomooloo, Kaska Eatery in Darlinghurst, IIKO Mazesoba in Haymarket, Food Addict in Darlinghurst and Small’s Deli in Potts Point.

Assessment Criteria

Each hospitality business will be evaluated on:

Clear use of grant funds and its impact on the restaurant.
Grant funds must be able to be deployed quickly in a 4 month timeframe
Contribution to neighbourhood identity or community engagement
Explanation of hardships that the restaurant has endured
Owned and/or operated by underrepresented and/or economically vulnerable members of the community

What can the moneys be used for?

The grant funds must be used towards critical business needs that support the restaurant for long term business sustainability.

Potential uses could include critical improvements needed to sustain operations such as enhancing digital capabilities, building outdoor dining spaces, purchasing new equipment and making other physical improvements. Utility costs are a potential use but must not exceed 15% of the grant.

Applicants are required to provide an outline of their planned use of funds in their application.

Note: Rent, salaries, loan repayments, food supplies, and alcohol are not eligible grant fund uses.

Learn more

Click here to learn more about the Backing International Small Restaurants program

Note applications close 30 May 2024

And if you want help to scale and grow your business profitably, please to contact me below

If you like this, why not share this with a friend, simply click on one of the icons to the left or below

[simple-social-share]

Contact Wayne Wanders for your FREE Discovery Session to learn how your business can scale and grow profitably

To ensure Wayne helps your business specifically, the best approach Wayne has found is to have an obligation free Discovery Session with you. In this session we will review your current business in a factual and objective manner, to better understand the challenges that you face.

At the end of this Discovery Session, you will have multiple ideas on how your business can scale and grow profitably.

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

To get Wayne to help your business, simply use the contact form on the left to email Wayne or call him on 0412 227 052.

We promise to keep your email address safe.

Let Wayne Wanders, a fully qualified and experienced CFO, help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times. Wayne Wanders, A Real CFO wayne@aRealCFO.com.au

If you like this, why not share this with a friend, simply click on one of the icons to the left or below