It allows for grants of up to $40,000 per business to help with clean-up costs and to boost advice and support to businesses. If the demand does not exhaust the fund, it is possible businesses will be able to apply for more later.
The Employers and Manufacturers’ Association will get $250,000 to extend its employer helpline and local business associations will also get more funding to offer support.
Robertson again emphasised the $50 million was only the start of the government assistance, aimed at getting cash to businesses as quickly as possible. It is primarily for smaller businesses.
He said the government was working one-on-one with larger companies to identify their needs and what could be done to help them.
Information on business support is here.
The agencies distributing the business support grants in each area will be:
· NorthlandInc
· Auckland Business Chamber
· Toi Economic Development Agency
· Thames Coromandel District Council
· Trust Tairāwhiti
· Hawkes Bay Chamber of Commerce
· Tararua District Council