BC Government Expands Eligibility Criteria for SME Business Recovery Grant Program

This morning Minister Ravi Kahlon (Jobs, Economic Recovery & Innovation) announced that the BC Business Recovery Grant Program has been expanded to provide access to more BC businesses. This consists of a simplified application process and streamlined qualification criteria for SMEs including the following:

• Minimum revenue drop has gone from 50% down to 30%
• Requirement for length of time in operation has gone from 3 years down to 18 months (businesses only need to have been in operation nine months before the pandemic)
• Business that are seasonal in nature / temporarily closed are now eligible to apply
• Applications can now be submitted by sole proprietors
  
• Tourism businesses can qualify for an additional $15,000 in addition to the existing $10,000-$30,000 available for other eligible businesses
• These new criteria apply to existing applications; there is no need to re-apply
• NOTE: this grant is for businesses only, non-profit organizations are not eligible

​​For more information or to apply go to https://bcbusinessrecoverygrant.com/.

For more information or assistance navigating programs and supports available to businesses in Delta, contact Lydia Elder at the Delta Chamber of Commerce.