On 9 July, Premier Mark McGowan confirmed round two of the program would be coming soon, offering small businesses in Perth, Peel and regional WA financial assistance of up to $3,000.
The second stage comes following the recent circuit-breaker four-day lockdown affecting those areas, with the cash flow support available to SMEs in industry sectors that incurred direct costs or lost more than 30 per cent of revenue during this time.
While the full eligibility criteria, as well as terms and conditions, of this second stage are yet to be confirmed, the official state government’s website noted that there are things SMEs in these areas can do to get prepared.
“When the program opens, we will be asking you to provide some information to help us validate your application which will make the process of assessing grant applications quicker,” the government’s statement noted, outlining that SMEs should have both their ABN information up to date and make note of their industry’s ANZSIC code.
It added: “Having up-to-date ABN information and your ANZSIC code are critical pieces of information to help us confirm your eligibility.
“When making your application, we will need you to upload the most recent copy of your bank statement that shows your business names, BSB and account number.”
Commenting off the back of the soon-to-be-confirmed second stage launching, Mr McGowan said he has also written to Prime Minister Scott Morrison to request workers in the Perth and Peel regions receive the Australian Government COVID-19 Disaster Payment.
“Through that program, workers in Perth and Peel could be eligible for up to $500, which would be of great assistance to many who lost hours during the four-day lockdown and don’t have leave entitlements,” he said.
“I’d like to again thank the business sector and all Western Australians for playing their part to keep WA one of the safest places on the planet.”
Small Business Minister Reece Whitby added: “The McGowan government recognises this four-day lockdown had an impact beyond Perth and Peel, with some regional businesses losing trade just as they were heading into the busy school holiday period.
“Expanding the grants program into regional Western Australia will provide a helping hand for eligible businesses outside Perth and Peel who lost bookings as a result of the lockdown.
“The restrictions, while difficult, were necessary to stop the spread of COVID-19 and avoid a longer lockdown which would have had a devastating impact on the economy.
“The COVID-19 threat is constantly evolving, and I would like to thank small businesses right across the state for their understanding as we tackle the challenges, together.”