Our Business Grants assist businesses to grow. Business Grants are available not only to existing businesses looking to expand, but also to start-ups to help them bring their business plans to life.
By supporting businesses, we can help to improve the local economy through employment and harnessing the skills and initiatives of talented local individuals. Innovative individuals are consistently drawn to the NSW North Coast and through Summerland’s Business Grants, addressing the need for an injection of funds, we help to provide fertile ground for them to bring their dreams into commercial reality.
We recognise a stronger business environment improves a region’s resilience against external economic factors as well as improving the mental health of the community through more productive and engaged employment.
Eligibility Criteria
Applications are open to businesses (existing or start-up) who complete the online application before the application closing date. Applicants who are a Summerland customer are preferred. Applications should reference how they reflect our Values.
Funding Amount
The amount of funding available per application under the Business Grants program is up to $5,000 (+ GST if applicable).
We will not support applications:
- where another financial institution is already supporting the business with funding
- which highlights/promotes irresponsible alcohol consumption, illicit drug taking, gambling or smoking
- which are from outside Australia
- which are of a religious or political nature or linked to a contentious social issue or if there may be a risk to public health or safety.
Application
The Business Grant application form can be downloaded here. Submissions must be received by email to info@summerland.com.au within the application period, for payments to be made within the funding period noted in the 'Application Schedule' tab. Supporting attachments can also be included with the application. We will acknowledge the receipt of submissions by email. Submissions received outside the application period are unlikely to be considered.
Evaluation
After the application period closes, applications that meet the eligibility criteria will be evaluated.
Notification
We aim to notify applicants with regards to the success of their Business Grant application within the period noted in the 'Application Schedule' tab.
General
Grant funding is paid directly to the supplier(s) of the grant applicant based on valid tax invoices.
Summerland may change elements or conditions of the Business Grants Program at any time.
The timing for the current round of funding follows:
Application Period |
9th October 2019 – 29th November 2019 |
Evaluation Period |
30th November 2019 – 16th December 2019 |
Notification Period |
17th December 2019 – 20th December 2019 |
Funding Period |
January to June 2020 |
Timing for the following round of funding:
Application Period |
1st February 2020 – 30th April 2020 |
Evaluation Period |
1st May 2020 – 31st May 2020 |
Notification Period |
1st June 2020 – 5th June 2020 |
Funding Period |
July to December 2020 |
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