Business Improvement Fund for Residential Aged Care
Tender ID: 417465
Tender Details
Tender Description
The Business Improvement Fund for Residential Aged Care will provide targeted support to eligible approved providers of residential aged care experiencing financial difficulty, prioritising providers in regional, rural, and remote areas, and small to medium sized providers, with limited access to financial support, that are facing significant financial pressure. The Fund will provide financial support to approved providers through three streams of grant funding which include:
- Supporting a provider to go through a process of business improvement
- Supporting the sale of the residential aged care facility to another provider
- Where no options exist, supporting the orderly and safe close down of a residential facility
A provider can only apply for one of the funding support streams. Applications for multiple facilities will be accepted but must be submitted on a separate application form for each facility.
Support provided under the fund will be accompanied by close monitoring of financial performance to decrease the likelihood of future viability or quality assurance issues and ensure accountability for funds provided.
Please submit your application using the online application form: https://forms.business.gov.au/smartforms/servlet/SmartForm.html?formCode=PRD00-DOH&FRID=4-DTV9FK9&RegID=4-DXDLUYO.
Location
New South Wales : Central West : Far North Coast : Far West : Hunter : Illawarra : Mid North Coast : Murray : New England : Orana : Riverina : Southern Highlands : Sydney
Queensland : Cairns & Far North Queensland : Gladstone : Mackay Whitsunday Region : Mount Isa & North West Region : Rockhampton : South East Queensland : South West & Darling Downs : The Central West : Townsville : Wide Bay Burnett
Victoria : Barwon South West : Gippsland : Grampians : Hume : Loddon Mallee : Melbourne
South Australia : Adelaide : Eyre & Western : Far North : Fleurieu & Kangaroo Island : Limestone Coast : Murray & Mallee : York & Mid North
Northern Territory : Big Rivers : Central Australia : East Arnhem : Greater Darwin
Australian Capital Territory
Tasmania
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