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Additional Funding to keep the Small and Medium Sized Business Recovery Grant operating until the expected start of Step 3 of BC’s Restart plan on July 1, 2021

Victoria – The Province is adding millions in additional funding to keep the Small and Medium Sized Business Recovery Grant operating until the expected start of Step 3 of BC’s Restart plan on July 1, 2021.

FYI:

  • The Small and Medium Sized Business Recovery Grant program provides fully funded grants to eligible businesses that employ up to 149 B.C. residents.
  • Grants of $10,000 to a maximum of $30,000 are available with up to an additional $5,000 to $15,000 available to tourism-related businesses.
  • As part of the application process, an applicant is required to develop a business recovery plan.  
  • Approved professional service providers are available to help with the application process, including recovery plan support, up to $2,000 per small or medium-sized business. This amount is paid directly to the provider.

Learn More:

For more information on the Small and Medium Sized Business Recovery Grant program, including the application process and eligibility, visit:
https://www2.gov.bc.ca/gov/content/economic-recovery/business-recovery-grant

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