Business Relocation Grant – Australia

The City of Perth recognises that businesses contribute to the vibrancy and energy of the city. Medium-sized businesses are encouraged to relocate to the city through the Business Relocation Grant, which assists with the associated financial cost.

Funding Levels Available

• The grant funding available is based on the number of fulltime employees and the cost associated with the relocation.
• Grant funding starts at $25,000 (excluding GST) for eligible businesses that have:
  • minimum 25 full time equivalent (FTE) employees; and
  • can demonstrate relocation costs of at least $25,000.
• The grant amount available increases by $1,000 per full time equivalent employee up to $50,000 (excluding GST) and the applicant must demonstrate an equivalent value in relocation costs.
• Where an applicant’s relocation costs and equivalent employee count are not equal, the lower figure will apply. For example, where an applicant has 40 full time equivalent employees and relocation costs are $30,000 excl GST, they can apply for $30,000.

Eligibility Criteria

To be eligible to apply for grant funding from the City, the applicant must:

• be a legally constituted entity, or a business with an Australian Business Number (ABN);
• demonstrate the business employs and can sustain a minimum of 25 full time employees or equivalent and is able to provide evidence of this;
• demonstrate that the size and layout of the new premises is suitable for the number of employees relocating;
• demonstrate that the business is relocating from outside the City of Perth Local Government Area;
• possess all appropriate insurances and be willing to provide copies of relevant certificates of currency upon request;
• have submitted the application prior to the relocation; and
• demonstrate financial viability without the City’s funding (e.g., the applicant is able to provide evidence such a bank statement to demonstrate the business has the cash flow to undertake and fund the relocation upfront, with an approved grant paid upon completion.

For more information, visit City of Perth.