Supporting small business with immediate lockdown payments
The Northern Territory Government has released a new round of funding to support local businesses affected by the latest COVID-19 lockdown, with immediate payments now available.
The program is open to Northern Territory small businesses, not-for-profits or incorporated associations. The application process is simple, easy and will involve a declaration on behalf of the applicant.
The Territory Business Lockdown Payment is a one-off payment of $1,000, 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% drop in turnover during lockdown.
The payment will help cover ongoing costs.
For more information for businesses, or to access the payments, go to the Jobs First Plan website.