Supporting jobs and the economy

Small Business Saver Grant

Following the impact of COVID-19, many local businesses have struggled to get back to a financially stable position with many businesses reporting that their cash-flows were significantly impacted.

With the Business Hardship Register due to finish next year which provides relief to power, water and other ongoing costs the, Northern Territory Government acknowledges the need to allow business time to think about where they can reduce ongoing costs to keep their businesses going.

Who can apply

  • Open to all Territory small businesses defined as an actively trading business with an annual turnover of less than $10 million.
  • Submissions should demonstrate how this grant funding would help to reduce overall ongoing costs.
  • Applications will be assessed on a competitive basis.
  • Maximum funding available is $10,000 per applicant with a 50:50 co-contribution.

Timeframes

The grant programs will be assessed on a competitive basis with further details to be provided early in the New Year.

DateActivity
January 2021 Publication of the terms and conditions
15 February 2021 Applications open
28 March 2021 Applications close
April 2021 Assessment of applications
From end of April 2021 Outcomes communicated to applicants and vouchers issued

Contact

For more information, contact the Business Recovery team.