21 May 2020 | Barbara Cullen
Applications for the $500 million Business Support Fund officially close on Monday 1 June and I urge you to submit applications ahead of this cut-off date.
Since it launched, the Business Support Fund has helped tens of thousands of Victorian small businesses impacted by restrictions put in place to slow the spread of coronavirus pay important operational costs and help keep people in work. Eligible businesses can still apply for a one-off $10,000 grant through the fund. To be eligible, businesses must already employ staff, have payroll of less than $650,000 and a turnover of more than $75,000. Full details on eligibility and how to apply are set out on the Business Support Fund webpage business.vic.gov.au/businesssupportfund.
Further information about the Victorian Government’s Economic Survival Package can be viewed here (PDF document). Businesses needing guidance on dealing with coronavirus can also check the Business Victoria website business.vic.gov.au or call the Business Victoria hotline 13 22 15. I understand how difficult this period is for those small businesses; the Victorian Government remains committed to helping get them to the other side of this crisis in good shape.
Barbara Cullen, Director, Small Business Victoria
Jobs, Innovation and Business Engagement | Department of Jobs, Precincts and Regions
18 May 2020 | Business Victoria
In line with advice from the Chief Health Officer, the Victorian Government has announced its plan to cautiously and carefully reopen our state’s restaurants and cafes, helping to restore jobs and rebuild our economy. Under the proposed plan, restaurants and cafes will be able to resume dine-in service:
– From 1 June with up to 20 patrons per enclosed space
– From 22 June with up to 50 patrons per enclosed space
– With up to 100 patrons per enclosed space during the second half of July.
14 May 2020 | WRAYS
IP Australia has recently published the results of its first longitudinal research project on the impact of IP rights on Australian business profitability as part of its annual 8th edition of the Australian Intellectual Property Report 2020. Access Report
It is no surprise to Wrays that the study finds that ownership of patents, trade marks and designs is strongly and positively associated with profitability. Read more
Mary Turonek, Principal, Wrays
7 May 2020 | WRAYS
Does your business have a cupboard full of trade marks; Which have been registered for years and years? That have not been used in a long time or at all? That the business has no intention to use in the future? Which are not being used for all the goods or services for which they are registered?
If the answer is yes to a number of these questions, then it may be time to declutter or clear out the trade mark cupboard. Read more
Jennifer McEwan, Trade Mark Specialist, Wrays
4 May 2020 | IP Australia
There is a new process to simplify extending the time to respond to office deadlines if you are affected by COVID-19. You can request a free streamlined extension for a period of up to 3 months. For requests for extensions and details on applicable IP services see the IP Australia website