Dear Hon. Some small business owners in Ottawa say they're still waiting for their first payments from a provincial grant program set up earlier this year to help survive COVID-19 shutdowns. The Retrofit program delivers incentives for businesses to install equipment with a higher energy efficiency rating. The Ontario Small Business Support Grant is intended to help small businesses (including sole proprietorships) in Ontario that are required to close or significantly restrict services under Ontario’s provincewide shutdown effective December 26, 2020. We write concerning the denial of the Ontario Small Business Support Grant (the “Grant”) to some taxi owners and operators. Other Supports for Businesses During COVID-19. The funding occurs in the form of a conditional grant for up to 50% of the eligible costs for the project for up to $500,000. Retail Hot Oil Treatments – Are they good for your hair? These idea behind the projects should be eventual business growth and broad positive economic impact by filling one of the following needs in Eastern Ontario, including: For-profit businesses in urban areas need to invest $500,000 in their projects and commit to creating at least five new jobs. businesses impacted by COVID-19. This low rate is available 24 hours per day, seven days a week for a 28-day period. Small businesses (less than 100 employees) contribute 1/6 of the training cost, and the grant covers 5/6 of the cost. TABIA Requests Update on Ontario’s Small Business Support Grants. The Starter Company program also helps Ontario youths aged 18 to 29 (who are not attending school) receive advice on starting a new business. Application Processing TORONTO — The Ontario government has opened applications for the new Ontario Small Business Support Grant.. This funding will be repayable. Ontario’s 2021 budget announcement includes a second round for the Ontario Small Business Support Grant, which provides up to $20,000 for businesses that saw revenue decline Minister Fedeli, I am writing you today regarding the status of Ontario’s Small Business Support Grants. If you are an Indigenous business owner without a CRA Business Number, then find out how to apply for the Ontario Small Business Support Grant With this additional relief about 90 per cent of employers would pay no EHT, saving private sector employers $355 million this year that can be reinvested in jobs and growth. Furthermore, many grant opportunities tend to reward innovation and scientific research. On March 24, 2021, the 2021 provincial Ontario Budget was released, and it includes a number of measures pertinent to Ontario’s foodservice and hospitality industries. Sorry, your blog cannot share posts by email. TORONTO — The Ontario government has opened applications for the new Ontario Small Business Support Grant. Eligible businesses can receive between $10,000 and $20,000. Sector-specific resources to help prevent COVID-19 in the workplace. The geographic area the Eastern Ontario Development Fund covers includes: The Northern Ontario Heritage Fund Corporation (NOHFC) offers multiple funding opportunities for business projects. CORNWALL, Ontario – Applications are open for the new Ontario Small Business Support Grant, which helps small businesses that are required to close or significantly restrict services under the Provincewide Shutdown effective December 26, 2020. Ontario's Action Plan Doubles Ontario Small Business Support Grant 2021 Budget invests $1.7 billion in second round of payments for eligible small businesses March 25, 2021 To be eligible, a business must demonstrate they experienced a revenue decline of at least 20% when comparing monthly revenue in April 2019 and April 2020. Starting in January 2021, available credit amounts increased and more businesses became eligible to access funding. Visit Ontario’s website to learn more about how the province continues to protect the people of Ontario from COVID-19. The government made the proposals Wednesday in the 2021 budget. The Ontario government announced on Friday it has received more than 42,000 applications for the Ontario Small Business Support Grant. Post was not sent - check your email addresses! More grants tend to be offered in these categories because they give the country a competitive advantage. The grant is aimed at small businesses that have been forced to close or significantly restrict services during the province-wide Covid-19 shutdown. The geographic area the Northern Ontario Heritage Fund Corporation covers includes the following districts: Another option for funding for Northern Ontario businesses is FedNor. The Community Futures Development Corporation (CFDC) is a network of 24 non-profit groups that help with business financing in Northern Ontario. Entry requirements: Open to North America-based, women-owned startups in tech that have already raised $50K in seed revenue or that are already generating revenue. The government made the proposals Wednesday in the 2021 budget. The government says businesses that have been approved can expect to receive payment within about 10 business … The funding for this project is a combination from federal and provincial departments. This is the primary reason government grants for small businesses will remain relevant in 2021 and beyond. Helping eligible small businesses with the unexpected costs of personal protective equipment with one-time grants of up to $1,000 through, Helping small businesses create and enhance their online presence to reach more customers through the $57 million, Providing $8 million to help small business and registered charity customers with energy bills through the, Supporting jobs at local restaurants, bars, breweries, wineries and distilleries during the COVID-19 pandemic. With the Youth Internship Guidelines program, businesses in Northern Ontario may receive funding to hire interns. The eligible company must operate in a census subdivision with at least 15% Francophone population or deliver products and services to a Francophone market in Ontario. Introduction - Ontario's COVID-19 Business Support Grants. 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