Finance News
Construction Grant Now Open
25 Oct 2021

Applications can now be made for the Victorian Government construction grant which provides assistance to construction businesses which incurred costs that were not recovered as a result of the two week lockdown. Eligible businesses must meet the following criteria: –

  • Hold an ABN and be GST registered with a payroll of less than $10 million;
  • Have an ABN industry code which matches the list of eligible industries;
  • Operated a worksite in Victoria and been shut down between 21 September to 4 October. This basically restricts the grant to businesses operating worksites in Melbourne metropolitan and very limited regional Victoria areas;
  • Be registered for WorkCover or hold a WorkSafe Construction Induction Training Card (white card) if a non-employer; and
  • Not received any recent Victorian grants such as the Small Business COVID Hardship grant.

Grants will be provided between $2,800 to $8,400 depending on the size of the payroll for successful applicants and the grant closes on 9 November or until funds run out, so we recommend any eligible businesses apply as soon as possible. More details can be found at the link below: –

https://business.vic.gov.au/grants-and-programs/business-costs-assistance-program-round-four-construction?utm_medium=email&utm_campaign=BV%20Update%204%20October%202021&utm_content=BV%20Update%204%20October%202021+CID_fc0dfe55cb6e5f58070a0aec0dec618f&utm_source=BV%20Update%20enews&utm_term=Learn%20more

If you have any queries or require any assistance, please do not hesitate to contact us.

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