Support is continuing for regional businesses affected by bushfires, thanks to a raft of financial assistance measures from the Commonwealth and NSW Governments.
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Local Member for Goulburn, Wendy Tuckerman said that small businesses in the Wingecarribee region had taken up 669 of the $10,000 Small Business Support Grants, putting much needed cash into the pockets of local businesses.
"We know that small businesses in the have never done it tougher than right now," Mrs Tuckerman said.
"From drought to bushfires and now the dealing with the impacts of COVID-19, I want small businesses in our community to know we are here for you, and we will continue to support you."
Deputy Premier and Minister responsible for Disaster Recovery John Barilaro said the calls from the NSW Government to cut the red tape made the application process easier.
"We cut the red tape and made the application process for the grants and loans as easy as possible to ensure the much needed cash gets to those small businesses who need it most," Mr Barilaro said.
Minister for Small Business Damien Tudehope said it was important for eligible small businesses to reach out and apply because they are the engine room for regional economies.
"The NSW Government made a commitment to stand by small business in the immediate aftermath of last summer's bushfires, and we continue to do so," Mr Tudehope said.
In addition to the grants, Service NSW can help business owners replace licences, permits and certificates, fill out forms and reduce paperwork. They can also be connected to business advisors. It's a complete service.
More than 8,000 bushfire affected small businesses across NSW have been approved for almost $95 million in grants and loans.
This includes:
- The new Small Business Support Grant of $10,000, with 8,169 applications approved to a combined value of $81.69 million;
- The Disaster Recovery Grant of $15,000 with 96 approved to a combined value of $1.44 million;
- The Emergency Bushfire Response Small Business Grant of up to $50,000 for directly impacted businesses, with 458 approved to a combined value of $13.34 million;
- Bushfire Working Capital Loan up to $50,000, with 96 applications approved to a value of $4,258,605 and;
- Bushfire Recovery Loan up to $500,000 with 7 approved up to a combined value of $839,000
For small business assistance please contact Service NSW, via www.service.nsw.gov.au/