The grant program aims to support the establishment of new businesses in Greater Shepparton and promote investment in the local economy.
Funding of up to $10,000 is available for successful applicants. Successful applicants will be required to match the amount requested under the Grant program at a minimum of $1 to $1.
The program outlines the following eligibility criteria for selection:
- Businesses must be established within the Greater Shepparton boundary.
- Applicants must have signed a tenancy agreement within the specified area no more than six months before submitting an application or three months after being issued a grant. The successful applicant will not be issued with funds until after the tenancy agreement is signed.
- Owner approval is necessary for an application to be considered for the New Business Grant.
- Applicants should submit a business plan covering a minimum of five years.
- Applications should generate new employment opportunities.
- Works should satisfy the following:
- Involve works that improve the aesthetic appeal or functionality of the property for commercial use.
- Directly facilitate the establishment of a new business.
- Be completed within twelve months of funding being awarded.
Funding will be available to support investment in property or infrastructure improvements that are directly linked to the establishment of a new business. Applications will be received throughout the year and assessed in three rounds.
For more information on how to apply, please contact Council's Economic Development team on 5832 9700.
