Financial Support for Business

Financial Business Support
Here is a snapshot of the financial support available to businesses.  Please check the full criteria by clicking the links provided, read and apply.  If you have any questions or concerns please contact the Chamber team on 06 876 5938 or support@hbchamber.nz

Wage Subsidy
Your business has had, or you predict will have, a decline in revenue that can be attributed to the effect the move to Alert Level 4

  • at least a 40% decline in revenue during the revenue test period.
  • Applications opened 20th August.

Applications for the initial two-week Wage Subsidy August 2021, which opened on 20 August 2021, close at 11.59pm on Thursday 2 September 2021.

Applications for a second round of Wage Subsidy – to be known as Wage Subsidy August 2021 #2 – open at 9.00am on Friday 3 September.

Find out more here

Resurgence Support Payment
Businesses and organisations may be eligible if:

  • they experience a 30% drop in revenue over a seven day period after an alert level increase.
  • Applications open 24th August.

 

Leave Support Scheme
Provides a two week lump sum payment to businesses to pay their workers who meet certain health criteria

  • can’t come into work because they are in one of the affected groups and have been told to self-isolate (and can’t work from home).
  • Applications open 24th August.

 

Short Term Absence Payment
This payment provides a one-off (once per 30 days) payment of $350 for workers who must miss work due to a COVID-19 test and cannot work from home. Applications are open now, however, the rate increases to $359 from Tuesday 24 August 2021.

Small Business Cashflow (Loan) Scheme
Provides loans to small business who have been impacted by COVID-19 and the associated lockdowns. The loan amount is $10,000 per firm, plus $1,800 per FTE and will need to be repaid to IRD.

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