Business Rebound and Adaptation Grant
The Business Rebound and Adaptation Grant has now closed for new applications.
If you are looking to make improvements to your business premises, undertake future skilling of your staff or purchase new technology and equipment to assist with accessing new markets please consider applying for the Business Pivot Grant which is open.
The $20 million Business Rebound and Adaptation Grant is a new program designed to help Northern Territory (NT) small businesses affected by the coronavirus (COVID-19) pandemic build their capacity and adapt to the new economic environment.
The program is part of the NT Government’s job-saving stimulus measures designed to keep business open, cash flowing and Territorians working.
Grants of up to $10,000 on a co-contribution basis are available to small businesses to carry out works that will enhance customer experience and improve business performance.
This can include new technology, skilling of workers, structural works to business premises and major purchases and installations for the business.
Two vouchers can be issued per business. The total amount issued must not be higher than the maximum grant allowed.
Eligible businesses must demonstrate a reduction in turnover of at least 30% due to coronavirus (COVID-19). For example, by qualification for JobKeeper, the Business Hardship Register or by presenting financial evidence.
The Business Rebound and Adaptation Grant is available to eligible businesses in addition to the Territory Government’s other coronavirus (COVID-19) initiatives, including the Jobs Rescue and Recovery Plan and Tourism Resilience Plan.
You must practise physical distancing during the planning and delivery of your renovation works.
If either you or the service provider are unwell, in self-isolation or self-quarantine, stay in touch by phone until it is safe to meet in person.
Your voucher and registration can be cancelled at any time if you fail to follow the safety guidelines. You may also be referred to the police.
For more information on staying safe, go to the Coronavirus website.
Who can apply
You can apply if you are a business or enterprise that meets all of the following:
- is a legal entity and holds a valid Australian Business Number (ABN) as at 29 July 2020
- is a Territory enterprise
- has 199 officers and employees or fewer (including a sole trader where the only employee is the proprietor of the business)
- had a minimum turnover of $75,000.00 for the 2018/2019 financial year, and would have expected to have turnover equal to that amount for the 2019/2020 financial year but for the effect of coronavirus (COVID-19) on its business
- can demonstrate a reduction in turnover of at least 30% due to coronavirus (COVID-19).
Who can't apply
This grant is not available to:
- not-for-profits and charitable organisations
- public and private schools
- public and private educational institutions
- home based businesses (where the applicant’s residence is not located separately to its business)
- government agencies and government owned bodies, statutory corporations and local government
- businesses that received funding under the Small Business Survival Fund Rebound Support Grant and the Business Improvement Grant.
Read the full eligibility criteria in the grant terms and conditions.
What you can use the grant for
You can use the grant to carry out renovations, improvements, repairs and maintenance services.
This only applies if the services permanently improve the structure, fittings or fixtures, or the general condition of the property.
The works must demonstrate value for money consistent with the eligible organisation or other purposes beneficial to the community.
Services in the nature of professional advice, technological design and the likes may be approved by the Department of Industry, Tourism and Trade.
Each business can apply once to the program and will be able to complete up to two jobs under the one application. The total amount must not be higher than $10, 000
Examples of eligible works that can be purchased with grants under this program are:
- access / egress management for a property
- increase capacity of the business to service customers
- technological improvements such as website design
- redesign / refurbishment of premises
- marketing (but not advertising, for example, purchase of media space)
- occupational health and safety / security
- reconﬁguring layouts for physical distancing
- cashless ‘no touch’ payment
- training programs for staff
- advice on and fixtures installed in a property in relation to hygiene practices
- professional services (accounting, legal, business planning)
- physical improvements to premises.
Works that are excluded
Excluded works include:
- solar photovoltaic panels and solar photovoltaic panel installations and batteries
- works that are to be carried out by the eligible recipient on a ‘do-it-yourself’ basis
- security improvement works as funded under Biz Secure and Alcohol Secure programs (subject to the these programs’ eligibility criteria)
- purchase of advertising space in any form of media.
When work can start
Eligible works can start after an application has been approved by the Department of Industry, Tourism and Trade.
How to apply
Applications are now closed.
After you apply
Eligible works must be completed within six calendar months of the date of issue of the voucher.
All approved works must be completed by 30 September 2021 and vouchers submitted for payment by 30 November 2021.
For more information, contact the Business Recovery team.