$10,000 boost for Cyclone Debbie-hit small businesses
SMALL business owners impacted by Cyclone Debbie can from today apply for $10,000 grants under a $4 million State Government recovery package.
Small Business Minister Leeanne Enoch said the government's dedicated grants program - in addition to Category C funding - will help small businesses recover, rebuild and employ.
"We know there is going to be a significant ongoing impact on small businesses in the wake of Cyclone Debbie," Ms Enoch said.
"That's why the Premier and I recently announced Operation Queensland Recovery: State Recovery Plan 2017-19 - a $4 million package in total which includes $1.5 million in grants to help small businesses get back on their feet.
"As part of this, the Palaszczuk Government is providing new $10,000 grants of unmatched funding to eligible small businesses.
"These grants will enable businesses to access vital support to help develop new business plans, retrain, access mentoring and financial counselling, and explore options to build business sustainability.
"The grants will be paid up front so businesses can quickly access the funds they need to help them recover and rebuild."
Operation Queensland Recovery: State Recovery Plan 2017-19 also committed $2 million for the State Government's Go Local campaign, and $550,000 for dedicated workshops and mentoring services for impacted small businesses.
"The Go Local - keep Queensland going strong initiative is about encouraging people to buy from their local business and help a fellow Queenslander bounce back," Ms Enoch said.
"The recovery package will help operators develop business plans, and with mentoring, re-training, financial counselling and exploring new options for sustainability, such as diversification and new products."
To be eligible for funding under the package, businesses must be located in regions approved to receive Category C Special Disaster Assistance (Clean-up and Recovery Grants) for Small Business under the Commonwealth/State NDRRA; have a minimum trading history of two years, and fewer than 20 employees on 27 March 2017.
Ms Enoch said 503 Category C grant applications had also been approved to Friday (2 June).
"More than $2.7 million in funding has made its way to business owners who are using these funds to make building repairs, replace damaged equipment and pay for tradespeople to conduct safety inspections," Ms Enoch said.
How to apply
Hard-hit small businesses in the local government areas of the Whitsunday Coast, Isaac, Mackay and Rockhampton Regional Councils and Logan City Council can apply for Category C small business relief measures under NDRRA.
Businesses have until October 13, 2017 to apply for Category C assistance.
Small business owners can apply for Category C clean up and recovery grants and Category B concessional loans through the QRAA at www.qraa.qld.gov.au or by calling 1800 623 946. Small businesses can view details via Business Queensland www.business.qld.gov.au
Applications for grants under Operation Queensland Recovery close on June 28, 2017. For more information visit www.business.qld.gov.au/recovery-grants.