Additional Funding for Vulnerable People During COVID-19
Summary This morning at 9:30 a.m., Minister Clark will announce that our government is providing an additional $307 million to municipalities and Indigenous program partners
Applications to open January 2021
To receive the grant, a small business must:
Be required to close or restrict services subject to the new Province-wide Shutdown
Have fewer than 100 employees at an enterprise level
New businesses established since April 2020 are also eligible.
Have experienced a minimum of 20% revenue decline comparing April 2020 to April 2019 revenues
Applications to open January 2021
To receive the grant, a small business must:
Businesses that are, or were, required to close or significantly restrict services as a result of being under control or lockdown restrictions in the COVID-19 response framework.
Were required to close or significantly restrict services as a result of being under “modified Stage 2” restrictions in the previous framework
Businesses will not be eligible if they are within the areas subject to public health restrictions, but were not required to close or significantly restrict services or if they are owned by the federal, provincial, or a municipal government, or by a person holding federal or provincial office.
Helping small businesses with unexpected costs of PPE
To receive the grant, a small business must:
Retail
Accommodation and food services
Repair and maintenance
Personal and laundry services
Gyms and yoga studios
CEBA
To receive the grant, a small business must:
Business is registered with the CRA with an effective date of registration on or prior to March 1, 2020.
Has an active business chequing/operating account.
If borrower currently does not have a business chequing/operating account, they must create one at their primary financial institution before applying for CEBA.
Intends to continue to operate its business or to resume operations.
To apply for CEBA, businesses should contact their financial institution.
CERS
To receive the grant, a small business must:
You had a CRA business number on September 27, 2020 OR;
You had a payroll account on March 15, 2020, or another person or partnership made payroll remittances on your behalf OR;
You purchased the business assets of another person or partnership who meets condition b above, and have made an election under the special asset acquisition rules OR;
You meet other prescribed conditions that might be introduced
Are an eligible business, charity, or non-profit (eligible entity)
Experienced a drop in revenue
Have eligible expenses
Programs for e-commerce
To receive the grant, a small business must:
A program that provides independent small businesses and artists with a quick, easy and no-cost way to get selling online right away.
Program delivered in partnership with Communitech and Invest Ottawa helps businesses identify new markets, pivot their business model, and develop and implement a deep digital transformation plan.
You will need your business and banking information to apply, including:
You will need to submit receipts or proof of costs purchased since March 17, 2020
To apply you will have to submit proof of costs
Summary This morning at 9:30 a.m., Minister Clark will announce that our government is providing an additional $307 million to municipalities and Indigenous program partners
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