State Government Emergency Assistance is available for locally owned small businesses that have been affected by drought conditions declared as Exceptional Circumstances to assist in meeting operating and other essential costs.
The business does not have to be directly located within the drought declared area; it can be adjacent to or dependent upon the areas affected by Exceptional Circumstances.
Interest Subsidy
Small businesses may be eligible to receive an interest subsidy of up to 50% payable on new or existing loans with a maximum interest subsidy of $10,000 p.a. for two years.
To apply for the interest subsidy, please complete the QRAA Small Business Application Form .
Terms and conditions
These programs are subject to terms and conditions that identify the required eligibility criteria for each program. If you are interested in applying for Small Business Emergency Assistance, some of the key criteria you will need to meet include:
- owning (sole owners, partnerships or private companies) and operating a small business with 100 employees or less
- demonstrating a need for the assistance
- ahowing evidence that the need for assistance is related to the effect of drought or other declared emergencies on your business
- relying primarily on the income provided by your business for your livelihood
- having had a working occupation of the enterprise for a minimum of two years
- being considered viable given normal conditions
- possessing long term prospects of profitability.
For further information view the eligibility criteria for Small Business Emergency Assistance or contact QRAA on Freecall 1800 623 946.
Responsible department
Department of Employment, Economic Development and Innovation
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