Budget 2022 – SMALL BUSINESS RECOVERY GRANT

18/02/2022

SMALL BUSINESS RECOVERY GRANT

  • SMEs badly hit by Covid-19 will get $1,000 per local employee, up to $10,000 per company.
  • $1,000 payout to local sole proprietors and partnerships in eligible sectors, and SFA-licensed hawkers, market and coffeeshop stallholders, who do not hire local employees.
  • The Jobs Growth Incentive (JGI) will be extended to September 2022, with stepped-down support rates.
  • Targeted assistance for aviation sector.

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