This program provides funding to flood-affected large businesses to help them return to operations and continue to support employment in the Northern Rivers region.

What you get?

Funding amounts vary.

Who is this for?

Large businesses directly impacted by flooding in the Northern Rivers region of NSW.

Overview

Funding is available to help flood-affected large businesses in the Northern Rivers region recover and rebuild.

Eligible costs could include:

• equipment, materials and labour costs for the clean-up, removal, and disposal of debris from the business premises
• costs to replace or restore damaged business assets
• purchase or leasing of equipment to enable the immediate resumption of the business within the Northern Rivers
• leasing of temporary premises to enable the immediate resumption of the business within the Northern Rivers
• marketing and communication to advertise the resumption of the business
• replacing lost or damaged stock as a direct result of the disaster event
• insurance excesses paid as a result of an insurance claim for assets damaged as a direct result of the disaster event
• working capital, including salaries and wages for employees who commenced employment prior to 22 February 2022, to enable these employees to remain employed during the re-establishment of the business.

Funding may also be used to support businesses to improve their resilience to natural disasters, through:

• purchase, installation or construction of more resilient business assets
• capability uplift of employees to improve the business’ ability to respond to natural disasters
• feasibility studies relating to business resilience or other resilience planning for future natural disasters.

What are the eligibility criteria?

Large businesses directly impacted by flooding in eligible local government areas can apply the business:

• holds an active Australian business number (ABN), registered prior to 22 February 2022
• are registered within Northern Rivers as their main business location on the Australian Business Register
• employs a minimum of 200 full-time equivalent (FTE) employees within Northern Rivers as at 21 February 2022
• suffered significant damage to their assets, as a direct result of the disaster event
• intend to continue operating or re-establish operations within the Northern Rivers, as their main business location
• have been operating in the Northern Rivers for at least 12 months prior to 22 February 2022; and
• were financially viable prior to the disaster event.

The Northern Rivers region is defined as encompassing the following local government areas:

• Ballina
• Byron
• Clarence Valley
• Kyogle
• Lismore
• Richmond Valley
• Tweed Shire.

How do you apply?

Find out more about eligibility and how to apply at Anchor Business Support Grant Program- external site: https://recovery.gov.au/anchor-business-support-grant-program

Contact information

regionalnsw.business@regional.nsw.gov.au
1300 679 673