Business Grants Fund

Applications are open until Thursday, September 23, 2021 at 4pm

The City of Greater Bendigo is pleased to launch its $729,000 Business Grants Fund as part of ongoing efforts to help local businesses during COVID-19 and beyond. 

The fund includes a range of initiatives such as developing innovation, collaboration and entrepreneurship to boost recovery efforts, increase business capabilities and create a stronger and more resilient local economy. 

Eligible businesses can apply for grants, which range from $2,000 to $15,000, to provide catalyst funding to support projects and activities that boost business and economic recovery.  To be eligible to receive this grant, businesses must meet the following criteria: 

  • are a legal entity with an ABN, ACN or are incorporated or have an auspice that is a legal entity 
  • are based within the City of Greater Bendigo; have its principal place of business located within the City of Greater Bendigo; and/or are able to demonstrate the proposed activity will benefit the communities within Greater Bendigo 
  • have acquitted all previous Council grants  
  • have no outstanding debts to Council 
  • are not part of a retail chain or franchise 
  • demonstrate the contribution or grant will be used for a purpose in accordance with the terms and conditions of this agreement 
  • demonstrate they are capable of delivering the proposed activity 
  • are compliant with all relevant local, state and federal legislation 
  • agree to being contacted and respond to a post-grant survey 

The funding will be divided into five funding streams to deliver the following grants:

Stream 1. Planning, Training and Development - up to $2,000

This stream:

  • Supports businesses to undertake future planning or develop new skills.  
  • Is targeted at businesses that can evidence negative impacts against COVID-19. 
  • Is open to businesses that have been trading for a period of more than 12 months and can demonstrate the capacity for continued sustainability and growth.  

Read about Stream 1 Planning, Training and Development

Stream 2. Launchpad - up to $5,000

This stream:

  • Provides financial support to develop new business ideas which will allow the business to start.  
  • Offers initial funding to progress business ideas and assist with local employment opportunities. 
  • Is open to businesses that have been trading for a period of fewer than 12 months including the early start-up phase and businesses that have not yet transacted any sales.  

Read about Stream 2 Launchpad

Stream 3: Innovation and Growth - up to $10,000

This stream:

  • Provides financial support to further develop established businesses and grow employment.   
  • Is open to businesses that have been trading for a period of more than 12 months and can demonstrate the capacity for continued sustainability and growth.  
  • Is targeted at businesses that can evidence negative impacts against COVID-19

Read about Stream 3 Innovation and Growth
 

Stream 4: Precinct Growth - up to $12,500

This stream:

  • Is to foster collaboration between businesses (3 or more), provide opportunities for placemaking and encourage creativity. 
  • Is open to a group of businesses located within a precinct, industry groups or like businesses. 

Read about Stream 4 Precinct Growth
 

Stream 5: Research and Development - up to $15,000

This stream:

  • Is to support the delivery of research and development projects, ensuring accelerated economic recovery and industry transition from the impacts of COVID-19 by supporting businesses to be investment ready and capable to deliver on Industry 4.0 opportunities. 
  • Is open to businesses that have been trading for a period of more than 12 months and demonstrate a capacity for research and innovation. 

Read about Stream 5 Research and Development

Assessment:

  • All grant applications will be assessed against the criteria listed in the Business Grants Fund 2021-2022 Guidelines and submitted to an independent panel
  • Grant submissions must be received by the closing date
  • Successful applicants will be advised by the City of the outcome
  • All grants must be acquitted by March 31, 2022

Key dates

  • Applications open
  • Applications close
  • Applicants notified of outcome
  • Funding agreement and first invoice due
  • Acquittal and final invoice due

Contact us

For further enquiries or to contact a staff member please email: [email protected]

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