Budget 2020-21: Territory Jobs Plan
The 2020-21 Northern Territory Budget is delivering a suite of initiatives for Territory small businesses to support jobs and the economy.
Our small businesses are a key pillar of the Northern Territory economy and many have been some of the hardest hit by the effects of COVID-19.
The 2020-21 Budget is designed to assist Territory businesses recover from the impacts of COVID-19 and facilitate a solid economic recovery.
Over the coming months the Department of Industry, Tourism and Trade will roll out seven new programs for Territory businesses to access, they include:
Small Business JobMaker Booster
The $7.8 million Territory Small Business JobMaker Booster program will help Territory Small Business by filling the gaps in the Australian Government’s JobMaker program by addressing the Territory specific hiring needs for new workers.
Small Business Pivot Grant
The $4 million Small Business Pivot Grant will help small businesses affected by COVID-19 adapt to the new economic environment and reach new markets.
Small Business CX Grant
The $5 million Small Business CX Grant is a one-off grant for small businesses looking to enhance their customer experience in the Territory for locals and visitors alike.
Small Business Roadhouse to Recovery Grant
The $4 million Small Business Roadhouse to Recovery Grant will help assist wayside inns and roadhouses to improve their visitor experience with grants of up to $150,000 to support infrastructure improvements.
Small Business Saver Grant
The $5 million Small Business Saver grants will assist local small businesses to reduce their ongoing costs.
Small Business Supply Chain Solver
The $2 million Small Business Supply Chain Solver program will assist businesses experiencing difficulties with supply chain challenges.
With COVID-19 restrictions impacting businesses’ ability to source and secure business supplies, this program will provide direct advice to help resolve supply chain issues.
Small Business Financial Fitness Fund
The $2 million Small Business Financial Fitness Fund will support businesses to access financial sustainability training programs specific to their needs.
For further information, go to the Jobs First Plan website.