Business Link Pacific COVID-19 100% Subsidy Package Support:Terms and Conditions

Following Business Link Pacific’s (BLP) announcement on the COVID-19 100% Subsidy Package Support for BLP approved business advisors (BASPs), this brief article outlines the terms and conditions of the package. Download the full document here.

Amount

• 100% subsidies to a maximum value NZD 5,000 (local currency equivalent) per subsidy will be available through approved BLP business advisors (BASPs). BASPs can apply for multiple subsidies, however 100% subsidies will be limited, at least initially, to one per SME.
• Subsidy requests over NZD 5,000 and/or multiple subsidies for the same SME will be considered on a case by case basis.

Eligibility

• Eligible clients are small and medium sized enterprises (SMEs) with 5-50 employees across all sectors in Vanuatu, Fiji, PNG, Samoa, Solomon Islands and Cook Islands.
• The subsidy is open to new and existing SME clients impacted by COVID-19.

Type of services

BLP’s 100% subsidies will be focused on crisis management and will be prioritised for:

• Business continuity planning; contingency planning, mitigation of business interruptions and suspension, off-site relocations, risk management strategies, and alternative business income and diversification.
• Financial planning; cash-flow management, renegotiating finance and loans, long-term financial impact planning, applying for national governments’ or internationalrelief programmes and funding.
• HR impacts on operations; immediate term health and safety, emergency planning, workplace safety; work-from-home strategies, sick-leave, staff continuity and remote working, flexible work arrangements, redundancies and temporary staffing.
• Communications and marketing; crisis communications, business interruptions and customer engagement.
• Business Coaching: Online consultations for SMEs on continuity planning, adaptation and mitigation in the face of COVID-19.