Business Growth Loans Scheme
The owners of a
business premises permanently entered on the Tasmanian Heritage Register now
have a new way to secure the funding they need to help them establish a new
business undertaking or refresh an existing business with funding available
from the Business Growth Loans Scheme.
(low interest) loans scheme is designed to assist local businesses, including
heritage property owners develop, refurbish and adapt their business, while
facilitating job creation and business growth. The scheme has been established
to assist businesses and eligible organisations, including those working in the
heritage sector recover, adapt and grow.
Loans of between
$20,000 and $3 million are available, with security generally only
required for loans in excess of $100,000.
This loans scheme was launched on 14 September 2020 and will be available for
12 months or until the funds run out. It incorporates the former Heritage
Places Renewal, Tourism Refurbishment and the Regional Tourism Attraction Loan
property owners are encouraged to consult the scheme’s Guidelines, available at www.business.tas.gov.au
to confirm their eligibility and discuss their plans for works on any places
entered on the Heritage Register with a Heritage Advisor at Heritage Tasmania
by contacting them on 1300 850 332 or emailing firstname.lastname@example.org