The Territory Labor Government has released a new round of funding to support local businesses affected by the Top End's latest COVID-19 lockdown, with immediate payments now available.
The payment is available to businesses located in the Darwin, Palmerston and Litchfield Council areas, the Wagait and Belyuen Shires, Dundee, Bynoe, Charlotte, Cox Peninsula, and the municipality of Katherine, including Tindal.
The program is open to Northern Territory small businesses, not-for-profits or incorporated associations which are based in these areas, and the application process is simple, easy and will involve a declaration on behalf of the applicant.
During the first round of lockdown payments the Territory Labor Government supported more than 2,100 Territory businesses with $2.2 million in funding handed out.
The Territory Business Lockdown Payment is a one-off payment of $1000, designed to support small businesses that have either ceased trading or suffered a revenue loss of 50% or greater during the lockdown.
Eligible small businesses are those with a turnover of less than $10 million and less than 20 full-time-equivalent staff, and who have had to stop trading, or suffered a 50 per cent drop in turnover during lockdown.
The payment will help cover ongoing costs.
