Vic Gov Third Round Business Support Fund eligibility

The information you may need when you apply for Business Support Fund Round Three

Ensure you have read through the details, eligibility criteria and FAQ’s available on Business Victoria website.

Make sure to have the following information handy when you are ready to apply:

1. Your ABN

You will need to have checked and confirmed that your ABN is linked in with an eligible industry sector for this grant funding (view the eligible industry sectors on Business Victoria's website

This is called your ANZSIC industry classification code. To view or update your ABN and ANZSIC you must log into the Australian Business Register (ABR) website. Learn how to find and update your ANZSIC code on our web page.

2. Other business details:
  • Name (this needs to match your ASIC, ACNC or CAV registered name)
  • Your ACN – if applicable
  • Name of trustee - if applicable company, business name or individual
  • The operating address of your business
3. Your business annual payroll for 2019-20, the eligible categories are:
  • Less than $650,000
  • Between $650,000 and less than $3 million
  • Between $3 million and up to $10 million
4. Your business turnover in 2019-2020.
5. WorkCover details:
  • Your Workcover Employer Number (WEN) - found on your WorkCover Insurance premium notices or certificates of currency.  If you have registered with WorkSafe but haven’t received your WEN you can provide your WorkSafe Application Reference Number (WRN).
  • The name your WorkCover insurance policy is under
6. You will then be required to select and possibly describe how you are intending to utilise the grant funds.
7. You will then be required to describe which industry you are in and how the continued COVID-19 shutdown restrictions have impacted your business (500 words max)
8. The number of employees and how many (FTE) this represents (Full time equivalent (FTE) is based on a 35 hour or more work hours per week)
9. Jobkeeper details: 
  • The month your business enrolled in JobKeeper,
  • How many employees are currently receiving JobKeeper payments and how many weeks they have been receiving the payments for.
  • A JobKeeper ATO receipt number, either from your monthly JobKeeper Business Declaration or your JobKeeper Enrolment.
10. Your Banking Details 

11. Note: For businesses with an annual 2019-20 turnover of $75,000 or more and are not required by law to be registered for GST must submit a Statutory Declaration from a qualified accountant who is a member of Chartered Accountants Australia and New Zealand (CA, ACA or FCA class); CPA Australia (CPA or FCPA class); or Institute of Public Accountants (AIPA, MIPA or FIPA class).

The information provided is a guide only and may not always be immediately up-to-date, you should always refer to your nominated accountant, business or tax professional or go to https://www.ato.gov.au/ or https://www.business.vic.gov.au for further information.