Victorian businesses hit hard by Covid lockdowns and restrictions may be ...

Victorian businesses hit hard by Covid lockdowns and restrictions may be ...
Victorian businesses hit hard by Covid lockdowns and restrictions may be ...
Victorian small and medium-sized businesses hit hard by the state's five coronavirus lockdowns and ongoing restrictions may be eligible for new grants. $400 million package announced to help Covid effected Victorian businesses  Joint state and federally-funded package includes grants for businesses  $85 million will be set aside to support small businesses  

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Victorian businesses hit hard by repeated coronavirus lockdowns are being given a $400 million helping hand.

The joint state and federally-funded package announced on Wednesday includes $5000 grants for about 30,000 businesses hit by capacity limits under the current public health restrictions.

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Twenty-four sectors are eligible including gyms, cafes, restaurants, catering services and hairdressers.

Businesses in Melbourne's CBD can get an additional $2000, in recognition of reduced foot traffic due to office density limits.

Victorian businesses (pictured) may be eligible for joint state and federally-funded packages to assist those it hard by the pandemic

Victorian businesses (pictured) may be eligible for joint state and federally-funded packages to assist those it hard by the pandemic  

Licensed venues, which have higher operating costs, will be eligible for larger grants of up to $20,000 under a $70 million boost to the state government's Licensed Hospitality Venue Fund 2021.

Alpine businesses, which have been disrupted two years in a row during the winter ski season due to lockdowns, will be offered grants between $5000 and $20,000, totalling $9.8 million.

There will be $85 million set aside to support small businesses with a payroll of $10 million and under, which have not been eligible under existing business support funds.

If those businesses have experienced a 70 per cent or greater reduction in revenue they will be eligible for grants of up to $5000.

The funds are in addition to the $940 million

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