Applications are open for a range of State Government support programs for the hospitality sector.
The Hospitality Business Grant Program provides grants of $25,000 to eligible businesses with a payroll of $3-10 million, plus $5000 for each additional premises, capped at $20,000. There will also be a further $20,000 for eligible businesses with premises in the CBD given the large and sustained shock that they have experienced to their trading environment. The eligible CBD postcodes are 3000, 3005, 3006 and 3008.
The $10 million CBD Small Hospitality Grant provides support for CBD businesses that have previously received a grant from the Business Support Fund expansion program. Grants of $5000 are available to eligible businesses operating in Melbourne’s CBD with a food service of 11 to 100 seats and $15,000 for those with food service of 101 seats or more. The eligible CBD postcodes are 3000, 3005, 3006 and 3008.
Licensed venues with an annual turnover of $50 million or more that operate as a business group and are not eligible for the Commercial Tenancy Relief Scheme can now access the Night-time Economy Business Support Initiative. This program provides reimbursements of up to $20,000 per group for expenses incurred in obtaining specialist business and tenancy advice between March 29 and June 1 this year. Under this initiative, business groups that have attempted to negotiate with their landlord in good faith but have not been able to reach agreement may also be eligible for commercial rent hardship payments of up to $150,000.
Visit www.business.vic.gov.au/support-for-your-business/grants-and-assistance/business-support-package/support-for-victorian-hospitality-businesses to find out which of these programs is best for your business.
If you feel like us that there should be more support for Mornington Peninsula and Frankston businesses, not just those in the CBD, contact our local ministers:
Mornington: David Morris P: 5975 4799
Nepean: Chris Brayne P: 5986 6661
Hastings: Neale Burgess P: 5977 5600
Frankston: Paul Edbrooke P: 9783 9822