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$10 million in support available for CBD businesses

From today, CBD businesses can apply for $10 million in Victorian Government funding to help them work through to the other side of the coronavirus pandemic.

The funding includes $8 million in grants for new business transformation and $2 million for mentoring and business support services.

The grants are available through the City of Melbourne as part of the Victorian Government’s $534 million business support package, which included $20 million for CBD businesses.

The grants are available for businesses that meet the criteria including:

  • Have a valid ABN
  • Are a bricks and mortar business based in the CBD, Southbank or Docklands
  • Employ up to 50 FTE and are a participant in the Commonwealth Government’s JobKeeper Payment program

Hospitality and entertainment businesses are not eligible for these particular grants, as they are able to receive funding through the . Non-employing sole traders, political organisations, fundraising groups and government departments are also ineligible.

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