The Queensland Government has announced a new $10,000 - $30,000 grant to assist businesses impacted by the latest lockdown commencing 31 July 2021 with funding business expenses. 

Applications for the 2021 COVID-19 Business Support Grants are open from 16 August 2021 and will close on 16 November 2021.  All eligible businesses who apply for a grant during the 3-month application period will receive funding.

The expected timing of processing grant applications is yet to be clarified, with payment to be made within 2 weeks of an application being approved.

Available funding:The Queensland Government has announced a new $5,000 grant to assist businesses impacted by the latest lockdown commencing 31 July 2021 with funding business expenses. 

You may be eligible to receive a grant of between $10,000 and $30,000 (excluding GST) depending on the size of your business. This grant may be used for business expenses.

Under the joint Queensland and Australian Government support package, tiered payments based on payroll size for eligible businesses and not-for-profit organisations across Queensland are available.

These include:

  • $10,000 grant to employing small businesses and not-for-profit organisations with an annual payroll in Queensland of less than $1.3 million
  • $15,000 grant to employing medium sized businesses and not-for-profit organisations with an annual payroll in Queensland between $1.3 million and $10 million
  • $30,000 grant to employing large sized tourism and hospitality focused businesses and not-for-profit organisations with an annual payroll in Queensland of greater than $10 million.

Eligibility criteria for these grants and further information is available here.

Looking for further information on COVID-19 support grants for QLD businesses?

 For any questions and support please contact your local RSM adviser. 

Visit our Covid -19 Resource centre >>

This article was updated on 23/08/2021

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