Queensland Government releases Small Business Flood Disaster Assistance Grants (Up to $50,000)

The Queensland Government through (QRIDA) has announced grant relief packages of up to $50,000 for flood affected businesses.  Details of the assistance available, eligibility criteria and how to apply are detailed below.

What assistance is available?

Grants of up to $50,000 are available for affected small businesses following the South-East Queensland Rainfall and Flooding.  Grant monies can be used to hire or purchase equipment and materials, clean up, remove debris, replace or repair damaged infrastructure and stock and other costs associated with the recovery process.

Businesses should take photographs of the direct damage to accompany their application.

If you are insured, full details and a copy of your insurance policy and/or claim must be provided. Please be aware that QRIDA may be unable to finalise your Disaster Assistance Grant application until the outcome of your insurance claim is determined and claim outcome is provided.

The maximum grant amount is $50,000 and is available through two applications:

  • An initial amount of up to $15,000 is available to support an initial claim. Evidence of the direct damage such as photographs, quotations, tax invoices and official receipts is required.
  • A subsequent amount of up to $35,000 is available to support subsequent claims for which full evidence of payment is required.

Am I eligible?

To be eligible for an exceptional circumstances grant, you must:

  • be a small business owner;
  • hold an Australian Business Number (ABN) and have held that ABN at the time of the eligible disaster;
  • own a small business located in the defined disaster area for the eligible disaster that has suffered direct damage as a result of the eligible disaster
  • have been engaged in carrying on the small business when affected by the eligible disaster
  • be primarily responsible for meeting the costs claimed in the application and
  • intend to re-establish the small business in the defined disaster area for the eligible disaster.

What documents do I need to provide with my applications?

If you have already applied for assistance from QRIDA please provide your QRIDA Client ID Number.

Rates Notice / Lease Agreement

  • Your small business must be located within a defined disaster area. If you own the property, please attach a copy of your most recent Local Government rates notice for the property impacted by the disaster event.
  • If you lease the property, please attach a copy of your current lease agreement (lease agreement must confirm that you are responsible for meeting the costs being claimed).

Photographs of damage

  • 5 – 10 photographs evidencing direct damage

Evidence of payment

  • For grant applications up to $15,000 (i.e. for immediate resumption of business directly following the disaster event):
  • Copies of tax invoices or quotes/estimates

For grant applications over $15,000 or subsequent applications up to $50,000:

  • Copies of tax invoices AND evidence that these invoices have been paid (e.g. bank statements, electronic bank transfer confirmations or official supplier receipts).

Details of insurance

If insured, full details and a copy of your insurance policy and/or claim must be provided. Please be aware QRIDA may be unable to finalise your Disaster Assistance Grant application until the outcome of your insurance claim is determined and claim outcome is provided.

How to Apply

Visit the Queensland Rural and Industry Development Authority website and follow the attached link to start your application.

www.qrida.qld.gov.au/program/extraordinary-disaster-assistance-recovery-grants-south-east-queensland-rainfall-and-flooding#-Business

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