McIvor Times

CITY LAUNCHES NEW BUSINESS GRANTS FUND TO HELP BENDIGO BUSINESSES

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The City of Greater Bendigo is pleased to announce the launch of a new Business Grants Fund, valued at $729,000, to help support eligible local businesses with a strong focus on innovation and collaborat­ion. The Business Grants Fund is part of the City’s $2M COVID-19 support package, a key inclusion in this year’s Budget.

The fund features a range of initiative­s to boost recovery, business capacity and capabiliti­es and create a stronger and more resilient local economy coming out of the pandemic.

The grants range from $2,000 to $15,000 and are open until Thursday September 23, 2021. As part of the HOLJLELOLW\ FULWHULD IRU WKH JUDQWV DOO EXVLQHVVHV DUH UHTXLUHG WR KDYH DQ $%1 DQG EH D *UHDWHU %HQGLJR business.

)XQGLQJ ZLOO EH GLYLGHG LQWR ¿YH VWUHDPV %XVLQHVVHV FDQ DSSO\ WR PXOWLSOH VWUHDPV EXW FDQ RQO\ EH IXQGed for a maximum of one stream during this funding period.

• Stream one: Planning, Training and Developmen­t up to $2,000 per grant

• Stream two: Launchpad up to $5,000 per grant

• Stream three: Innovation and Growth up to $10,000 per grant

• Stream four: Precinct Growth up to $12,500 per grant to foster businesses collaborat­ion

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0D\RU &U 'U -HQQLIHU $OGHQ VDLG WKH IXQGV DYDLODEOH ZHUH VLJQL¿FDQW WR VXSSRUW *UHDWHU %HQGLJR EXVLnesses and help them build a stronger future.

“This is a competitiv­e fund open to all eligible businesses and the aim is to build capacity and capability, encourage innovation and collaborat­ion in a challengin­g environmen­t,” Cr Alden said.

“Ensuring our local businesses are strong and vibrant and able to embrace innovation and creativity is the key to driving productivi­ty and delivering more jobs.

“The Business Grants Fund is a key action from the City’s Economic Developmen­t Strategy – A stronger Greater Bendigo 2030 and is also part of a $2M suite of City initiative­s that Council endorsed in this \HDU¶V %XGJHW GHVLJQHG WR VXSSRUW EXVLQHVVHV D൵HFWHG E\ WKH &29,' SDQGHPLF

“We hope the grants will help to generate long term business sustainabi­lity and regional growth.” Applicatio­ns will be assessed against the criteria in the Business Grants Fund 2021-2022 Guidelines.

The outcome of the applicatio­ns will be announced after October 15, 2021 and grants need to be spent by March 31, 2022.

Applicants are advised to read the fund guidelines carefully before applying for a stream. Head to https:// bendigo.vic.gov.au/bgf for more informatio­n.

Please email edadmin@bendigo.vic.gov.au if you have any enquiries about the Business Grants Fund.

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