Funding for small- and medium-sized businesses, co-ops and non-profits impacted by COVID-19 to offset a portion of their costs.
The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic.
The program offers the following:
Up to $20,000 in funding for organizations established before February 29, 2020, including unregistered sole proprietors.
Up to $15,000 in funding for new organizations which began operations between March 1 and October 31 2020, including unregistered sole proprietors.
Businesses, cooperatives and non-profits can use these funds as they see fit to help offset a portion of the impact of new public health measures or their relaunch costs, such as implementing measures to minimize the risk of virus transmission, which could include: physical barriers, purchasing personal protective equipment and disinfecting supplies, paying rent and employee wages, replacing inventory and more.
Learn more or apply here: Small and Medium Enterprise Relaunch Grant | Alberta.ca
Deadline to apply: March 31st, 2021