Business Recovery NT: Businesses

BUSINESS RECOVERY NT
Businesses

If you are a Northern Territory (NT) business, including sole-traders, you can access the following support.

Home Improvement Scheme

A new $30 million Home Improvement Scheme will save local jobs, keep businesses open and cash flowing.

The scheme will help fast-track around 5,000 screwdriver-ready projects in Territory homes.

If you are a NT business, you can apply to supply goods and services to businesses, not-for-profits and home owners under the scheme.

Register your business in the Home Improvement Scheme.

Business Improvement Grant

A new program will deliver $20 million through the Business Improvement Grant program.

All Territory businesses will be able to access a $10,000 grant.

For work valued at more than $10,000, the co-contribution by the Territory Government is limited to $10,000 on a dollar-for-dollar basis up to a maximum grant of $20,000.

Small Business Survival Fund

The new $50 million Small Business Survival Fund will help local Territory businesses survive the unprecedented economic impacts of coronavirus (COVID-19).

This fund is specifically targeted at supporting industries such as retail, hospitality, tourism and entertainment businesses.

Eligible businesses will be able to apply for two payments:

  • an immediate survival payment of between $2,000 and $50,000 to help offset the immediate cost pressures on businesses
  • a rapid adaption payment of between $1,000 and $5,000 to help businesses make the necessary changes they need to help adapt to the new operating environment.

Territory Jobs Hub

The NT Government is supporting Territory workers impacted by coronavirus (COVID-19) to connect with local businesses and find new employment.

The Territory Jobs Hub helps businesses to connect with people looking for work, including casual and contract work.

For more information on the Territory Jobs Hub, go to the Northern Territory Government website.

Additional support for business

Find out what other support is available for Territory businesses on the Northern Territory Government website.

https://businessrecovery.nt.gov.au/businesses
31 March, 2020
Contact us