Business Costs Assistance Program Round Two

This program announced by the Victorian State Government offers grants of up to $5,000 for eligible small and medium businesses for both employing and non employing businesses.

The Eligibility Criteria

To be eligible, businesses must:

  • Be located within Victoria
  • Operate in an eligible sector listed in the list of eligible ANZSIC classes for this program
  • Have incurred direct costs because of the restrictions and cannot fully operate remotely
  • Have an annual Victorian payroll of up to $10 million in 2019-20 on an ungrouped basis
  • Have been registered for Goods and Services Tax (GST) on Thursday 27 May 2021
  • Hold an Australian Business Number (ABN) and have held that ABN at Thursday 27th May 2021
  • Be registered with the responsible Federal or State regulator.

Employing businesses must also:

  • Be registered with WorkSafe Victoria
  • Attest that the business is supporting its workers to access any paid leave entitlements, or that if a person can work from home, to work from home during the circuit breaker action, and supporting their casual workers, where possible.

Grant Amount

Eligible businesses will receive a one-off payment of $2,500 or $5,000. The grant amount payable to an eligible business is determined by:

1. The business’ industry sector (see Eligible ANZSIC classes)

2. The business’ location:

  • Businesses that were subject to restrictions between 28th May 2021 up to and including 3rd June 2021 will be eligible for funding of $2,500
  • Businesses that were subject to restrictions between 28th May 2021 up to and including 3rd June 2021 and further restrictions from 4th June 2021 will be eligible for funding of $5,000.

Information you need for your application

When applying for this grant you will need:

  • A valid Australian business number (ABN) for your business in one of these eligible business sectors. The ANZSIC class linked to your ABN registration must be one of these eligible sectors.
  • If you employ people, your WorkCover Employer Number (WEN) or, if this is yet to be issued, a WorkSafe Application Reference Number (WRN).
    Your ANZIC code. This will be found on the entity’s Tax Return and only use the first 4 numbers.
    A valid proof of identity document (Australian driver licence, Australian Passport, Medicare Card and Australian visa information and foreign passport).


Frequently Asked Questions