COVID 19 - Small and Medium-Sized Business Recovery Grant program update
PROVINCIAL GOVERNMENT UPDATE
*Grant program now accessible to more BC businesses*
The BC government has enhanced the Small and Medium-Sized Business Recovery Grant program to include a streamlined application process and simplified criteria. It also has increased support for those in the hard-hit tourism sector. The program is part of StrongerBC: BC’s Economic Recovery Plan.
The criteria has been expanded in the following ways:
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from a minimum revenue drop of 50% to a drop of 30%.
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the previous three-year operation requirement has been reduced to 18 months.
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businesses impacted by the pandemic will be eligible to receive a grant up to $30,000.
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the grant for the tourism sector has been increased, meaning those hardest-hit businesses in the tourism sector will be eligible for a grant up to $45,000.
The revised application process and eligibility criteria are now in place.
Small- and medium-sized businesses are encouraged to apply online via the
Government of BC website
If you have any questions about the grant, would like assistance to apply or a letter of support please contact Patti, Executive Director, Armstrong Spallumcheen Chamber of Commerce at manager@aschamber.com