Is your business eligible for the $10000 Adaption Grants?

Small Business COVID-19 Adaption Grant Program
Hello, I’ve been speaking to clients who are confused about their eligibility. So I’ve copied this for your reference. It’s all the details from the official website. Read on for all the info you need and give me a call if I can help you with marketing, promotions or content creation. Good luck, Naomi

Round 2 opening 1 July 2020
The Queensland Government is extending the Small Business COVID-19 Adaption Grant Program. As part of Stage 2 of Queensland’s Economic Recovery Strategy – Unite and Recover for Queensland Jobs, up to $100 million is being made available to deliver a second round of grants, with half of this funding specifically earmarked for regional small businesses located outside of South East Queensland.

Round 2 will open on 1 July 2020.

To get ready to submit an application, follow the ‘how to apply’ information below.

The objective of this program is to support small businesses subject to closure or highly impacted by the coronavirus (COVID-19) shutdown restrictions announced by the Queensland Government, to adapt and sustain their operations, and build resilience.

The program aims to see small and micro businesses:

prepare for the safe resumption of trading in the post COVID-19 recovery
continue to meet operating costs
access digital technologies to rebuild business operations and transition to a new way of doing business
respond to online opportunities, where possible, to sustain employment and maintain potential for longer-term growth
upskill and reskill business owners and staff to benefit from new technologies or business models
embrace business diversification to adapt and sustain operations
create or retain employment.

Regional and SEQ funding available
The program is available to eligible businesses throughout Queensland. For round 2, funding is being equally divided between regional Queensland and South East Queensland (SEQ).

South East Queensland businesses
When applying for round 2, you are a South East Queensland (SEQ) business if your principal place of business is located in 1 of the following local government areas:

  • Brisbane City Council
  • City of Gold Coast
  • Ipswich City Council
  • Lockyer Valley Regional Council
  • Logan City Council
  • Moreton Bay Regional Council
  • Noosa Shire Council
  • Redlands City Council
  • Scenic Rim Regional Council
  • Somerset Regional Council
  • Sunshine Coast Council
  • Toowoomba Regional Council.

Regional businesses
You are a ‘regional business’ if your principal place of business is any other local government areas within Queensland that is not identified as a SEQ location.

Use the eligibility tool to find out if your business is in SEQ or a regional local government area.

Eligibility criteria
To be eligible, your business must:

  • have been subject to closure or otherwise highly impacted by current shutdown restrictions announced by Queensland’s Chief Health Officer on 23 March 2020
  • demonstrate you have experienced a minimum 30% decline since 23 March 2020, over a minimum 1-month period due to the onset and management of COVID-19
  • employ staff and have fewer than 20 employees at the time of applying for the grant (employees must be on your payroll and does not include the business owner(s))
  • have a valid Australian Business Number (ABN) active as at 23 March 2020
  • be registered for GST
  • have a Queensland headquarters
  • have an annual turnover over $75,000 for the 2018–19 or 2019–20 financial year, or you can provide financial records that show this will be met for recently started small businesses
  • have a payroll of less than $1.3 million
  • not be insolvent or have owners or directors that are an undischarged bankrupt.

Only 1 application per round will be accepted from an individual ABN or a financial beneficiary of a business.

Successful applicants from round 1 of this program cannot apply for funding under round 2.

If you have submitted a round 1 application but haven’t heard back yet, you are eligible to apply for round 2.

Use the eligibility tool below to find out if your business is eligible to apply.

Read the frequently asked questions for more information regarding eligibility.

What will be funded
The available grant amount is a minimum of $2,000 and up to a maximum of $10,000 per eligible small or micro business.

In recognition of the significant impacts of COVID-19 on small businesses, the funding can be used towards the following:

financial, legal or other professional advice to support business sustainability and diversification
continuing to meet business operational costs including utilities, council rates, rent, telecommunication charges, insurance fees, licensing or franchise fees
strategic planning, financial counselling or business coaching aligned to business development and diversification
building the business through marketing and communications activities (e.g. content development – web pages, mobile apps, visual and audio media etc.)
digital/technological strategy development
digital training or re-training and up-skilling employees to adapt to new business models
capital costs associated with meeting COVID-19 safety requirements
specialised digital equipment or business specific software to move business operations online (e.g. logistics program for online ordering).

Note: Grant funds can be used towards any of the above activities occurring from 23 March 2020 onwards, keeping in mind the project must be completed within a maximum of 6 months from the date of approval.

What won’t be funded
Non-eligible activities
All invoices or quotes from suppliers will be checked to determine if they are genuine (e.g. supplier has as active ABN and the invoices or quotes have not been altered in any way).

Applying small and micro businesses must meet the eligibility and assessment criteria to be considered for funding.

How to apply
Round 2 will open on 1 July 2020

This funding round may only be open for a short period due to demand and will close when the funding allocation is anticipated to be exhausted.

Regional Queensland and South East Queensland will have independent funding allocations and may close at different times.

Get ready to apply by completing the following steps.

    1. Check your eligibility to:
      1. find out if you are eligible to apply for round 2
      2. confirm your business location
      3. subscribe to be alerted when round 2 opens.
  1. Read the application guidelines, frequently asked questions (FAQs) and application tips.
  2. Prepare your application and supporting documentation ready to submit when round 2 opens.
  3. After round 2 opens, return here to lodge an online application (only available after the round opens).

Assessment process
In addition to meeting the eligibility criteria, applications will be assessed against the following:

  • funding availability – applications will be processed on a ‘first come, first served’ basis, and therefore not all applications will be successful
  • submission of a complete application form, with all requested supporting documentation included
  • value for money, as determined by the Queensland Government.

Grant payments
Funding will be paid upon approval of your grant application. Applicants will have 6 months to complete their projects and must acquit the total amount of funding received.

Grant recipients may be subjected to a random audit by the Queensland Government (or its representatives) to ensure that the information provided is true and correct. Where it is found that false or misleading information has been provided, penalties may apply, including refunding some or all of the grant funding.

Request a review
If your application has not been successful, you may request a review of the decision if dissatisfied with:

  • the amount of funding awarded
  • a decision to decline or reject an application
  • the conduct of staff impacting a funding decision.

Your request to review should be accompanied by the following information and emailed to adaptreview@desbt.qld.gov.au:

  • your unique grant number (i.e. Adapt1xxxx)
  • your reason(s) for dissatisfaction
  • contact details to further discuss your request for a review.

All review requests must be submitted in writing by email within 20 business days of receiving DESBTs original application decision. The department will complete a review and notify you of their decision within 30 business days of receiving your request.

The outcome of the review will be communicated to you in writing to confirm the original decision, amend the original decision or substitute another decision for the original decision.

Read the review process for more information.

More information
Round 1 information
Read the round 1 application guidelines, terms and conditions and frequently asked questions (FAQs).

If you applied for round 1 of the grants you will have received email confirmation that your application was submitted.

If you have not yet heard anything further, we are still processing applications and will be in touch to notify you if you have been successful or unsuccessful.

Contact us
For more information about round 1 or round 2 programs, phone 1300 654 687 or email adapt@desbt.qld.gov.au.

Source: business.qld.gov.au