Dec 11 2020
The provincial government is expanding its relaunch grant to help small and medium-sized job creators impacted by new COVID-19 restrictions announced Tuesday.
The province is expanding and increasing the Small and Medium Enterprise Relaunch Grant. With a new lower threshold and increased grant amount, government officials say up to 15,000 more businesses may be eligible for funding.
In November, the government announced that Alberta businesses impacted by recent public health orders were eligible to apply for a second payment through the program. This second payment will now be 15 per cent of pre-pandemic monthly revenues up to a maximum of $15,000 – for a total of $20,000 in potential funding available for each business, up from the original $5,000.
This second payment is available to businesses operating in areas on the provincial watch list where new health restrictions have been implemented. Applications for the second payment in areas under enhanced measures will open this month.
- physical barriers
- purchasing personal protective equipment and disinfecting supplies
- paying rent and employee wages
- replacing inventory and more