On October 20, 2020, Mary Ng, Minister of Small Business, Export Promotion and International Trade, announced an investment of $12 million in the Canada United Small Business Relief Fund.
Canada United is a national fundraising campaign created by the Royal Bank of Canada (RBC) in collaboration with private sector partners and provincial and territorial chambers of commerce.
What is available
Small businesses may apply for grants of up to $5,000 to cover the costs of personal protective equipment, make physical modifications to their businesses to meet local health and safety requirements, and enhance their digital or e-commerce capabilities.
This Fund is being managed by the Ontario Chamber of Commerce on behalf of the national Chamber network in support of other chambers and partners to help small Canadian businesses with their recovery efforts as a result of COVID-19. Applicants do not need to be a member of the Ontario Chamber of Commerce (OCC) to qualify.
How to access it
Starting on Monday, October 26, small businesses can apply online through the Ontario Chamber of Commerce for the next wave of Canada United Small Business Relief Fund grants.
Applications are open to small businesses across sectors and industries in every part of the country that:
- have between $150,000 and $3 million in annual sales
- have up to 75 employees
- are registered in Canada
- would use the grant to cover the costs of personal protective equipment, make physical modifications to their businesses to meet local health and safety requirements, and enhance their digital or e-commerce capabilities.
This investment builds on Canada’s continued support for small and local businesses through a wide range of COVID-19 emergency programs, such as the expanded Canada Emergency Business Account, the Canada Emergency Wage Subsidy, and the new Canada Emergency Rent Subsidy.
SOURCE: ORHMA
