How do I know if I’m eligible for the Business Costs Assistance Program Round Three?
You are eligible for the Business Costs Assistance Program Round Three if you have successfully received a grant from the Business Costs Assistance Program Round Two or the Business Costs Assistance Program Round Two July Extension.
You do not need to apply for the Business Costs Assistance Program Round Three or take any further action if you have received a grant under one of the Round Two programs. The Business Costs Assistance Program Round Three payment will be processed automatically and paid in August 2021.
How can I ensure I’m eligible for top-up payments?
To receive top-up payments under the Business Costs Assistance Program Round Two or July Extension, businesses must continue to meet the eligibility criteria for the program from which they received an initial grant.
See the Business Costs Assistance Program Round Two and Business Costs Assistance Program Round Two July Extension for more information about the programs’ eligibility criteria.
Are regional businesses eligible for the Business Costs Assistance Program Round Three?
Yes. Victorian businesses in metropolitan Melbourne and regional Victoria are eligible for the Business Costs Assistance Program Round Three if they have received a grant from the Business Costs Assistance Program Round Two or the Business Costs Assistance Program Round Two July Extension.
What do I need to do to receive the Business Costs Assistance Program Round Three?
If you have received a grant from the Business Costs Assistance Program Round Two or the Business Costs Assistance Program Round Two July Extension, you don’t need to do anything else. The Business Costs Assistance Program Round Three will be automatically paid to successful recipients by mid-August 2021.
I have not received a decision about my Business Costs Assistance Program Round Two grant application. Will I receive the Business Costs Assistance Program Round Three payment?
If you are assessed as eligible for the Business Costs Assistance Program Round Two, you will receive the Business Costs Assistance Program Round Three payment, as well as the 16 July 2021 Top-Up Payment and the 21 July 2021 Top-Up Payment.
However, please note that you may not receive all payments at once.
I have not received a decision about my Business Costs Assistance Program Round Two July Extension grant application. Will I receive the Business Costs Assistance Program Round Three payment?
Assessments for the Extension Stream are in progress. If you are assessed as eligible for the Business Costs Assistance Program Round Two July Extension, you will receive the Business Costs Assistance Program Round Three payment.
However, please note that you may not receive all payments at once.
I received a grant under the Business Costs Assistance Program Round Two or July Extension program but I’ve stopped receiving automatic top-up payments. Why has this happened?
Before processing top-up payments, we verify your business’ information with partner agencies, including the State Revenue Office (SRO), WorkSafe and the Australian Business Register (ABR) to ensure businesses still meet the eligibility requirements of the program.
Your top-up payments may have been discontinued if you no longer meet all the eligibility criteria, for example if your ABN is no longer active.
If you believe you are still eligible to receive top-up payments, or would like further information, you can contact Business Victoria or call the hotline on 13 22 15, open seven days a week.
Can I receive the Business Costs Assistance Program Round Three payment as well as the Tourism Supplement and previous Top-Up Payments?
Yes. All successful grant recipients to the Business Costs Assistance Program Round Two and Business Costs Assistance Program Round Two July Extension will receive the Business Costs Assistance Program Round Three payment. The payment will also be paid if you received the Tourism Supplement or the June Top-Up Payment.
I believe I am eligible for the June Top-Up Payment or Tourism Supplement announced in June 2021 but haven’t received it. Why am I receiving the Business Costs Assistance Program Round Three payment before receiving other grants?
The Tourism Supplement and the June 2021 Top-Up Payment (for greater Melbourne businesses affected by a third week of lockdown in June) have unique eligibility criteria and may be processed later than the Business Costs Assistance Program Round Three payment.
The majority of these payments have been processed, with some complex assessments remaining. The remainder will be processed and paid automatically from August 2021.
I believe I am eligible for the Business Continuity Fund payment announced on 28 July 2021. When will I receive this and why am I receiving the Business Costs Assistance Program Round Three Payment first?
The Business Continuity Fund supports businesses that remained impacted by capacity limits placed on businesses by necessary public health restrictions when reopening in late July and early August. This includes specific industry sectors, with additional support for eligible businesses that operate in the CBD.
If you are eligible for the Business Continuity Fund, the payment will also be processed and paid automatically in early-August 2021 for Business Costs Assistance Program Round Two recipients.
However, please note that you may not receive all payments at once.