“It’s for businesses that have less than 100 employees and it’s for businesses that can demonstrate they had a drop in revenue because of COVID from last year by 20 per cent, so comparing April 2019 to April 2020”
New businesses established since April 2019 will also be eligible if they meet the other eligibility criteria.
Businesses can use the grant for their business needs in any way they see fit.
Bethlenfalvy says small businesses are part of the fabric of our communities and the backbone of our economy.
“We encourage small businesses to apply because we know they’re struggling. And I’ve heard from many that said thank you, this is the difference between sinking or swimming. You know that’s what we’re here to do in government and support as we go through the difficult period with the pandemic.”
“So property tax, getting a rebate on your property tax, the electricity and gas tax so if you’re on the portal you can click on each of those boxes to process the application. We have a customer service desk as well, Monday to Friday and on weekends. As they say they’re ready to take your call to navigate through and make it really easy for you.”
More than 20,000 applications have been received since the portal opened on Friday with grants averaging around $13,000.