Additional Support for Sole Traders

We know sole traders have done it tough during the pandemic, so we’ll lend a hand with a new $100 million Sole Trader Support Fund. The Fund will provide grants of $3,000 to eligible sole traders working in sectors of the economy that will continue to be affected by restrictions, like media and film production, creative studios, outdoor entertainment and in private museums and galleries – as well as gym owners.

While many sole traders have been relying on JobKeeper payments to get by, overheads are adding up and these grants will provide extra support to help these businesses get through until  they are back to full operation.

To be eligible for a grant, sole traders must be a tenant or licensee in a commercial premises or location and operate in a sector of the economy that is restricted, heavily restricted or not opening under the Second Step of the Roadmap.

For more information about business support initiatives, go to business.vic.gov.au.

Quote attributable to Minister for Small Business Jaala Pulford

“We’ve listened to our sole traders and understand they’ve been doing it tough – this support will give them more certainty, and more security.”