Deadline: 25 September 2023
The City of Melbourne is pleased to announce its Small Business Grant Program 2023-24.
The Small Business Grants Program supports new businesses to get started within the City of Melbourne and existing businesses to expand and grow.
The funding will support small businesses looking to:
- enhance the City of Melbourne’s reputation for innovation, creativity and diversity
- strengthen their local economy’s resilience by demonstrating a unique point-of-difference, sound business model and long-term financial viability
- create employment and investment opportunities.
This round will also have a special focus on small businesses that enhance the city’s vitality by increasing the occupancy rate of shopfronts across the municipality.
Funding Information
- The program will support applicants with new businesses to the municipality or existing businesses looking to expand or relocate their current offer within the municipality.
- There will be two streams available – an Open stream available to any small business operating within the municipality and another specifically for applicants who occupy a vacant ground floor, street-facing commercial shopfront within the municipality.
- Open stream – up to $20,000 per applicant is available to any business that meets the eligibility criteria and program objectives
- Shopfront Occupancy stream – has two options available to businesses that meet the eligibility criteria and program objectives:
- Up to $20,000 per applicant available to occupy a property vacant for two to six months
- Up to $30,000 per applicant available to occupy a property vacant for more than six months.
What they will fund
- Capital improvement costs associated with fit-out of business premises including, but not limited to furniture, cabinetry, joinery, partitioning, flooring, shelving, and painting.
- Website costs including development or enhancements.
- IT equipment costs including the purchasing of hardware (computers, laptops, printers, servers).
- Specialised equipment and software that is directly related to the operation of the new business or as part of the business expansion activity.
- Other expenditure items not listed above where it can be clearly demonstrated there is a significant need for the set up or expansion of the small business.
Eligibility Criteria
To be eligible for a Small Business Grants Program you must:
- be located within or committed to relocate promptly (within three months of receiveing the grant) to the City of Melbourne municipality
- have a valid Australian Business Number (ABN)
- have less than 20 full-time or equivalent employees at the time of applying
- be an Australian registered business, sole trader, company, business cooperative or partnership and provide documented evidence of its legal structure
- be able to provide evidence of appropriate business insurances
- have no outstanding acquittals or debts to the City of Melbourne
- demonstrate financial viability as evidenced by relevant financial information
- Shopfront occupancy stream ONLY: provide evidence of a commercial lease if relocating to City of Melbourne or moving to a larger premises within City of Melbourne.
For more information, visit City of Melbourne.