Small businesses, farm enterprises and not-for-profit organisations in River Murray communities can now apply for two grants to help them trade through challenging economic circumstances caused by the floods and to help with the costs of clean up and recovery.
Up to $10,000 is available under the Small Business Industry Support Grants for businesses across nine River Murray Local Government Areas and will be payable to businesses with fewer than 30 full-time employees.
To be eligible, a business must demonstrate a revenue decline of 30 per cent or more over a relevant three-month period (October – December 2022 or January – March 2023), compared to the same three-month period in the previous year.
Businesses will be able to use the money as they see fit, including on utilities, wages and rent, seeking financial advice and improving the business to make it more resilient to future natural disasters.
There are also Small Business Flood Recovery Grants of up to $50,000 to assist with re-instatement and clean-up of eligible small businesses and repair flood damaged assets.
The Small Business Industry Support Grant application period will run for six months and will be available to those businesses who have not been approved for, or received, the Early Business Closure Grant.
Business owners in the region are encouraged to seek financial counselling offered by Rural Business Support, on 1800 336 211, or go to an Emergency Relief Centre in Berri, Mannum or Murray Bridge.
Further information on the grants, including application forms, are available at business.sa.gov.au/floods or email DIISFloodSupport@sa.gov.au.