INCENTIVE TYPE INCENTIVE NAME ORGANISER / GOVERNMENT
Low interest loans
Natural Disaster QLD Gov: QRIDA Assistance- Primary producer
BRIEF SUMMARY
� Low interest loan to assist re-establishing primary production enterprises after a natural disaster.
� Low interest loan up to a maximum of $ 250,000, max of 7-year term, up to 2 years may be interest only. Specific rate offered depends on the relevant natural disaster. Costs that may be covered include: repairing or replacing damaged plant and equipment, repairing or replacing buildings, purchasing livestock to replace those lost in the disaster event, meeting carry-on requirements including replanting, restoring or re-establishing areas affected by the disaster event, sustenance, essential property operations, and paying rent and rates
ELIGIBILITY AND FURTHER DETAILS
� Must have received direct damage from an eligible natural disaster and enterprise must be located in an activated local government area. Currently: Severe Tropical Cyclone Nora and Associated Flooding 24- 29 March 2018; North Queensland Flooding 6 – 10 March 2018; North and North West Queensland Low and Associated Rainfall and Flooding, 24 February – 8 March 2018; Central Coast Queensland Severe Weather 16- 19 October 2017; Severe Tropical Cyclone Debbie and associated rainfall and flooding, 28 March- 6 April 2017. Further, if enterprise has been affected by a natural disaster in an area which has not been activated may still be eligible to apply for assistance on an individually disaster stricken basis. NOTE: primary producers can only receive assistance under the Natural Disaster Assistance Scheme OR the Natural Disaster Assistance( Essential Working Capital) Scheme for an eligible disaster- not both.
� http:// www. qrida. qld. gov. au / currentprograms / Disaster-recovery / natural-disasterassistance / natural-disaster-assistance-primaryproducer
Low interest loans
Natural Disaster QLD Gov: QRIDA Assistance- Small business
� Low interest loan to assist re-establishing small businesses after a natural disaster.
� Low interest loan up to a maximum of $ 250,000, max of 7-year term, up to 2 years may be interest only. Specific rate offered depends on the relevant natural disaster. Can be used to assist re-establishing business by covering costs such as: repairing or replacing damaged plant and equipment, repairing or replacing buildings, supplying stock for up to one month to replace lost stock and maintain liquidity of the business, meeting carry-on requirements including: sustenance, paying rent and rates.
� Must have received direct damage from an eligible natural disaster and your small business must be located in an activated local government area. Currently: Severe Tropical Cyclone Nora and Associated Flooding 24 – 29 March 2018; North Queensland Flooding 6 – 10 March 2018; Severe Tropical Cyclone Debbie and associated rainfall and flooding, 28 March- 6 April 2017. NOTE: Small businesses can only receive assistance under the Natural Disaster Assistance Scheme OR the Natural Disaster
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