Summer Holiday Stock guarantee provided by State Government
The NSW Government will provide a Summer Holiday Stock Guarantee for Small and Medium Enterprises (SMEs) and will expand the Small Business Fees and Charges Rebate for all eligible small businesses.
Small and medium business owners will be able to open with confidence thanks to a suite of support measures from the NSW Government, as part of the Economic Recovery Strategy.
Under the SME Summer Holiday Stock Guarantee, eligible businesses with an annual turnover between $75,000 and $50 million will be able to apply for a grant of up to $20,000 to compensate for loss of perishable stock, or claim $10,000 for reduced capacity to sell non-perishable items if a local lockdown occurs and they are impacted.
The Stock Guarantee of up to $20,000 would be available if non-essential SMEs were forced to shut their doors between 1 December 2021 to 31 January 2022 due to public health orders.
The expanded Small Business Fees and Charges Rebate will be eligible for use until 30 June 2022.
Find out more here.