The Small and Medium Sized Business Recovery Grant offered by the Province of BC provides grants up to $30,000 to ensure they have the support beyond COVID-19.
Grants of $10,000 to $30,000 are available to small and medium sized B.C. businesses impacted by COVID-19. An additional $5,000 to $15,000 grant is available to eligible tourism-related businesses.
The program runs until August 31, 2021 or until the funds are fully expended, whichever comes first.
Eligibility requirements include:
The majority share of the business is owned by one or more B.C. residents
The business has been operating in B.C. for at least 18 months as of your date of application to this grant program
The business’s sole or primary operations are located and conducted in B.C.
The business is registered in B.C.
The business is current and pays taxes in B.C.
The business is currently operating (Businesses that are seasonal or temporarily closed are also eligible)
The business employs up to 149 people in B.C. for at least four months of the calendar year
For businesses that do not have staff, please tell us in your application how the grant funding will support your recovery and benefit your community
The business had positive cash flow for the last financial statement, prior to February 1, 2020
The business had at least a 30% revenue loss from March 2020 to present when compared to the same one-month period in 2019
LFG Partners is a pre-qualified professional service provider for the Small and Medium Sized Business Recovery Grant, to assist with the application process and recovery grant submission. Please contact us for more information on how to access up to $30,000 in grants.