Enterprise Insights – twentieth October 2021

I’m right here with and unique replace for companies within the building sector (builders, carpenters, landscapers, plumbing contractors, electrical contractors, normal trades).

We’ve been retaining an eye fixed out for the grant for Tenfold Victorian purchasers within the building sector, and I can affirm that it has now opened.

The grants are price $2,800 – $8,400 (rising together with your payroll) per week for the two weeks Vic building was locked down.

Please notice, these of you who obtained funds underneath the Hardship Fund, is not going to be eligible to use. For those who suppose you’re eligible, you’ll have to have an ANZSIC building code comparable to:

3011 – Home Development
3221 – Concreting Companies
3223 – Roofing Companies
3231 – Plumbing Companies
3232 – Electrical Companies
3233 – Air Conditioning and Heating Companies
3242 – Carpentry Companies
3244 – Portray and Adorning Companies
3291 – Panorama Development Companies

See the complete record of eligible codes right here: https://enterprise.vic.gov.au/grants-and-programs/business-costs-assistance-program-round-four-construction/eligible-anzsic-classes. In case your present ANZSIC code isn’t on the record however you suppose chances are you’ll be eligible, communicate to a Tenfold enterprise coach.

Companies with an eligible ANZSIC building code can apply right here: https://enterprise.vic.gov.au/grants-and-programs/business-costs-assistance-program-round-four-construction

Purposes are open till 11:59pm on 9 November 2021 or when funds are exhausted, whichever is sooner.

Particular grant eligibility:

  • You haven’t been accredited for the hardship fund or earlier BCAP grants
  • Your enterprise will need to have been resulting from work at a building website in one of many lockdown LGAs of:
    • Metropolitan Melbourne
    • The Metropolis of Better Geelong
    • Mitchell Shire
    • Surf Coast Shire

(Word: Your enterprise might be positioned wherever in Vic, it’s solely the development website location that must be in a locked down LGA to be eligible)

Tenfold coaches assisted lots of our purchasers calculate their eligibility for the hardship grant price $20K, so this newest spherical of low-level funding for building could solely be accessible to enterprise who have been eligible however selected to not apply at the moment.

If you’re taken with making use of for this grant, a Tenfold enterprise coach will make it easier to assess your eligibility.


Ashley Thomson B.Eng. (Hons), Grad. Dip. Mgmt, MEI
Managing Director
Tenfold Enterprise Teaching

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