Fall highway

As of August 31, 2020, the Canada United Small Business Relief Fund is accepting applications from small to medium-sized businesses (SMEs) of any industry located across the country to offer pandemic support in the form of non-repayable grants of up to $5,000.

“If there has been one silver lining in all the tragedy and sacrifices of the current crisis, it has been the spirit of collaboration and unity of purpose that has been evident between levels of government, across provinces, and across sectors.”

– Rocco Rossi, President and CEO of the Ontario Chamber of Commerce.

The Canada United Small Business Relief Fund will provide SMEs with grants to cover expenses related to personal protective equipment (PPE), renovations required for physical space guidelines, and for developing and/or improving e-commerce capabilities.

Shop and Dine Local, Support Canadian Small Business

To promote the Canada United Small Business Relief Fund, organizations across Canada came together this past weekend to offer Canadians the chance to win $10,000 by supporting small businesses through shopping and dining at local businesses in their communities.

The campaign initiative was organized by Royal Bank of Canada which brought together the national Chamber of Commerce network, more than 50 of Canada’s leading brands, and various business associations to motivate Canadians to show their support for local businesses by buying, dining, and shopping local.

“Canada United was created to kick-start an economic rebound by rallying consumers to give local businesses the support they need to re-open during these uncertain times. By bringing together government, business associations, and corporate Canada, we are looking to start a movement to get Canadians to buy local and support businesses across the country.”

-Neil McLaughlin, Group Head, Personal & Commercial Banking, Royal Bank of Canada.

Essentially, Canada United has been created to encourage action from everyday Canadians and Corporate Canada to kickstart the recovery of local economies and small businesses.

Learn About the Canada United Small Business Relief Fund

The Canada United Small Business Relief Fund will be managed by the Ontario Chamber of Commerce on behalf of the national chamber network in support of other chambers and partners to help Canadian SMEs with their recovery efforts as a result of the pandemic.

A relief grant may be accepted for any of the following eligible activities:

  • Purchasing PPE such as masks, face shields, and latex gloves.
  • Renovating physical space to adhere to local, provincial, or federal reopening guidelines.
  • Developing or improving e-commerce capabilities for your business.

Successful applicants will receive a relief grant of up to $5,000. The program intends to support local businesses of all kinds from across the country.

Applications for the Canada United Small Business Relief Fund will be accepted starting on Monday August 31, 2020.

Eligibility Criteria:

  • One application per ownership group;
  • Small to medium-sized (SME) companies from all sectors and all regions of Canada;
  • Both for-profit and not-for-profit organizations are eligible. Government organizations and municipalities are not eligible to apply;
  • Be incorporated and operating as a business in Canada as of March 1, 2020;
  • A SME with no more than 1- 75 employees;
  • Have minimum annual sales of $200,000 and not more than $3,000,000 (based on 2019 fiscal year annual sales);
  • Have $2,000,000 of commercial general liability insurance that includes products and completed operations;
  • Not receiving any other contributions from public funds towards the activities contained in the funding application;
  • Be in full compliance with all government laws and regulations; and
  • Must continue in operation after September 1, 2020.

Apply for Canadian Small Business Government Grants

To apply for non-repayable grant funding up to $5,000 from the Canada United Small Business Relief Fund, please visit the official application page as soon as possible.

For additional funding, women-led businesses located in southern Ontario can receive up to a $5,000 non-repayable grant to help rebuild, reopen, and revive their business operations through FedDev Ontario’s RRRF RE3 program. We also recommend Canadian SMEs look into the Digital Main Street Transformation Grant Program for training and guidance grants up to $2,500.

If you are interested in other government funding programs to support your business in recovery, innovation, or economic growth, please contact a member of the Mentor Works team, sign up for our Weekly Funding Newsletter, or visit our COVID19 Support Page.

 

Canadian Small Business Funding News

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Written by

Alena Barreca has worked in a variety of media communications roles in numerous industries. As a Marketing Coordinator at Mentor Works, Alena enjoys utilizing her creative and analytical mind to help strengthen ongoing marketing strategies.

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