BC FUNDING: Small and Medium-Sized Business Recovery Grant

Posted by Michalina Hunter on November 04, 2020

Small and medium-sized businesses are vital to British Columbia’s economy. The Small and Medium-Sized Business Recovery Grant program provides fully-funded grants to businesses to ensure they have the support they need during and beyond COVID-19.

How the program works

The Small and Medium-Sized Business Recovery Grant program will invest up to $300 million in targeted financial support for some of the hardest hit businesses in B.C. that employ between two and 149 B.C. residents and have experienced declines in revenue since March 10, 2020.

Grants of $10,000 to $30,000 are available. An additional $5,000 to $10,000 grant is available to eligible tourism-related businesses that have been hit especially hard by COVID-19.

The program runs until March 31, 2021 or until the funds are fully allocated, whichever comes first.

How to Apply

More information and application instructions are available here: https://www2.gov.bc.ca/gov/content/economic-recovery/business-recovery-grant

Find more funding opportunities for farmers in our Funding blog category

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