The Victorian Government has announced the "biggest package of business support the state has ever seen".
On Sunday, Premier Daniel Andrews unveiled a $3 billion coronavirus business support package, including $1.1 billion in cash grants for small and medium-sized businesses the government says are "most affected" by COVID-19.
Additional grants between $10,000 and $25,000 will be made available to licensed venues such as pubs, clubs, restaurants and hotels in regional Victoria as part of a $251 million Licenced Venue Fund.
Grants of $3000 will be available to sole traders in areas including tourism, accommodation, gyms, media, creative studios and private galleries as part of a $100 million support package for sole traders.
Grants of $5000, $15,000 and $20,000 will be available for small to medium-sized businesses.
Mr Andrews said the support was on top of the $3 billion already available to businesses, effectively doubling the contribution, and said the government was aiming to open grant applications this week via the Business Victoria website.
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