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.