Funding is available for commercial entities, for the removal of cyclone-related sediment and debris
The Government is providing $7.41M funding to eligible commercial entities to support the clean-up of cyclone-related sediment and debris in Tairāwhiti.
The funding needs to be used for eligible work, that's been or will be used to cover costs between 12 February 2023 to 30 June 2024. The funding can't be used for any indirect costs incurred or unrelated activities or the purchase of any non-consumable or capital assets.
Successful applicants will be required to enter into a funding agreement before the funding can be provided.
Gisborne District Council has been asked to administer the funding and make it available to eligible commercial entities on the following basis:
- Up to $40,000 (GST exclusive) as a grant (this amount to be calculated including any support previously received by that commercial entity through the Cyclone Gabrielle Farmer and Grower Recovery Grant and/or Cyclone Gabrielle Business Recovery Grant); and
- Up to $210,000 (GST exclusive) on a cost-share basis, where this part-funding paid reflects a 50:50 cost share (where the balance is borne directly by that commercial entity).
3 funding rounds
This is the last of 3 funding rounds:
Round 3 - closes midnight Friday 20 October
Round 2 - closed Friday 15 September - 58 applications were received
Round 1 - closed Friday 4 August - 61 applications were received.
Funding examples
Check that this applies to you before filling in the funding application form
A) If the applicant has already received the $40,000 maximum value of recovery funding (through the Cyclone Gabrielle Farmer and Grower Recovery Grant and/or Cyclone Gabrielle Business Recovery Grant), then the maximum that can be applied for through this fund is $21Ok on a co-funding basis (meaning the applicant has to spend $42Ok to receive the $21Ok).
Please note that an amount lower than the $21Ok needs to be applied for if the costs of the eligible works are under $42Ok.
B) If the applicant has not already received recovery funding (through the Cyclone Gabrielle Farmer and Grower Recovery Grant and/or Cyclone Gabrielle Business Recovery Grant), then the maximum that can be applied for through this fund is $25Ok. $4Ok of this will be a grant, and $210k of this will be on a co-funding basis (meaning the applicant has to spend $42Ok to receive the $210k).
Please note that an amount lower than the $21Ok needs to be applied for if the costs of the Eligible works are under $42Ok.
C) If the applicant has already received $20,000 of recovery funding (through the Cyclone Gabrielle Farmer and Grower Recovery Grant and/or Cyclone Gabrielle Business Recovery Grant), then the maximum that can be applied for through this fund is $23Ok. $2Ok of this will be a grant (to make up the difference between the initial funding provided and the maximum available), and $21Ok of this will be on a co funding basis (meaning the applicant has to spend $42Ok to receive the $21Ok).
GST basis: GST registered applicants can claim costs exclusive of GST up to the funding limits.
Non-GST registered applicants can claim cost inclusive of GST up to the funding limits.
