This grant has expired.
This grant has expired and is no longer available. However, please contact Avant Group in case there are alternative grants available or to be informed if this grant will reopen.
NSW Storm and Flood Disaster Recovery Small Business Grant
- Applications Open: until 30 June 2023
- Grants: up to $50,000
The program seeks to support small businesses and not-for-profit organisations that suffered direct damage as a result of the NSW storms and floods.
Key Requirements
The eligible applicant is required to:
- Have a valid ABN/ACN number.
- Present a letter of authority (if applicable).
- Provide proof of identity.
- Provide evidence of your non-profit status (if applicable).
- If you’re a sole trader, evidence (such as a letter from an accountant or a tax return) that you derive a majority of your income from your business.
- Provide your business banking details for payment.
What is eligible for funding?
The eligible expenditures are those associated with clean-up and reinstatement of the small business include:
- Engagement of tradesperson to conduct a safety inspection of damage to premises, equipment, or property.
- Employing a person to clean premises, equipment or property.
- Purchasing, hiring or leasing equipment or materials to clean a premises, property, or equipment.
- Removing and disposing of debris or damaged materials.
- Purchasing, hiring or leasing equipment or materials that are essential for immediately resuming operation of the small business.
- Removing and disposing of spoiled goods and stock due to power outage.
- Repairing a building, or repairing or replacing fittings in a building, if the repair or replacement is essential for resuming operation of the small business. Requests for pre-curt proofreading GUMs will not be allowed. If the repair or replacement is claimed by a Home-based Business, funds may only be used for the portion of damage to the building or fixtures that is:
- Used predominantly for business activities, evidenced by financial records, photos, video evidence or a statutory declaration.
- Owned by the Small Business, evidenced by a title search and/or Certificate of Title.
What companies are eligible for funding?
To be eligible for the grant, a sole trader must:
- Have held an active Australian Business Number (ABN) at the time of the Eligible Disaster and still holds an active ABN,
- Own or operate a Small Business located in the Defined Disaster Area, and that suffered direct damage as a result of the Eligible Disaster,
- Derive the majority of their income from the Small Business, unless the applicant can satisfy the Administrating Agency that:
• They derived the majority of their income from the Small Business immediately before the Eligible Disaster, and
• Would have continued to derive the majority of their income from the Small Business had the Eligible Disaster not occurred, - Intend to re-establish the Small Business in the Defined Disaster Area.
- Be primarily responsible for meeting the costs claimed in the application, and
To be eligible, the NFP must, at the time of the Eligible Disaster:
- Be a legitimate NFP,
- Be registered with:
- Be deemed a Not-for-Profit Organisation, in accordance with the current Australian Accounting
Standards Board (AASB). - Fair Trading NSW as an incorporated association or co-operative.
- The Australian Charities and Non-for-profits Commission (ACNC) or an equivalent State regulatory body
- Be deemed a Not-for-Profit Organisation, in accordance with the current Australian Accounting
- Have suffered direct damage as a result of the Eligible Disaster.
- Be an entity whose principal objective is not the generation of profit. A not-for-profit entity can be a single entity or a group of entities comprising the parent entity and each of the entities that it controls.
- Be primarily responsible for meeting the costs claimed in the application, and
- Intend to re-establish the NFP in the Defined Disaster Area
To be eligible, the Small Businesses, other than Not-for Profit organisations and sole traders, must:
- Be located in the Defined Disaster Area at the time of the Eligible Disaster and suffered direct damage as a result of the Eligible Disaster
- Employ exactly or fewer than 20 full time employees (or full-time equivalent employees).
- Be primarily responsible for meeting the costs claimed in the application.
- Hold an active Australian Business Number (ABN) and have held that ABN at the time of the Eligible Disaster.
- Be intending to re-establish the Small Business in the Defined Disaster Area for the Eligible Disaster
- Have been engaged in operating the Small Business in a Defined Disaster Area when affected by the Eligible Disaster.
Is this grant competitive or entitlement based?
Competitive. Your application will be assessed among other applications by a judging panel.
How can I increase my chances of winning this grant?
By engaging an accredited government grants consultant, such as Avant Group.
Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.
As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.
Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project
- Industry analysis presentation
- Competitor Analysis Presentation
- Marketing and Sales Analysis Presentation
- 3-5 year Cashflow Forecast
- 3-5 year Balance Sheet Forecast
- Cost-Benefit Analysis of Grant Funding
- End-to-end grant application including information collating, analysis and application writing
- CAPEX (Capital Expenditure) cost-benefit analysis
- Stakeholder relations and Risk Mitigation Plans
- Any other relevant forecasting that will support your application
How can I get help with my application? Or know if I’m likely to win funding?
Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.