Cash Flow · Financial Support · Government Updates June 5th, 2020

Government of Alberta business relaunch grant launching soon

From the Government of Alberta announcement on June 5, 2020:

Due to the COVID-19 pandemic, many small- and medium-sized businesses and non-profits in Alberta have shutdown, either completely or partially, leading to severely limited sales. As they begin to reopen, the increased cost to operate under public health requirements are causing further stress among business owners and non-profits.

To ease the impacts of new measures, businesses and non-profits need support to reopen. Government is committing up to $200 million in funding for eligible businesses and non-profits to access up to $5,000 to offset a portion of their relaunch costs. These funds can be used for implementing measures to minimize the risk of virus transmission, (such as physical barriers, personal protective equipment and disinfecting supplies), rent, employee wages or replacement of inventory.

The program’s online application is expected to be available in the coming weeks. Program details, including eligibility, are being confirmed.

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Sam Jenkins Read More
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