Ontario small business support grant now open for applications
January 19, 2021This grant provides a minimum of $10,000 to a maximum of $20,000 to eligible small businesses whose operations have been restricted due to the provincewide shutdown. Small businesses can use this funding in whatever way is best for their individual businesses needs.
Eligible small businesses include those that:
- Were required to close or significantly restrict services due to the provincewide shutdown being imposed across the province effective 12:01 a.m. on December 26, 2020
- Have fewer than 100 employees at the enterprise level.
- Have experienced a minimum of 20% revenue decline in April 2020 compared to April 2019. New businesses established since April 2019 will also be eligible if they meet the other eligibility criteria.
Essential businesses that are allowed to remain open without restrictions will not be eligible for this grant.
Retailers in Ontario are also reminded about the Main Street Relief Grant for Personal Protective Equipment (PPE), which provides up to $1,000 for PPE costs to eligible small businesses across Ontario with 2-9 employees.
RCC continues to remind the government that businesses of varying sizes deemed to be “non-essential” are in dire need of assistance from all levels of government, and not just businesses with fewer than 100 employees.