$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 program 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 Victorian Government’s Small Hospitality Grants program. Non-employing sole traders, political organisations, fundraising groups and government departments are also ineligible.

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