B.C. launches Circuit Breaker Business Relief Grant
By Canadian PizzaCOVID-19 Updates News Business and Operations Finance
Victoria – The B.C. government will provide more than $50 million to help the 14,000 restaurants, bars, breweries, wineries, gyms and fitness centres affected by the March 30, 2021, provincial health orders.
The new Circuit Breaker Business Relief Grant will provide affected businesses with up to $10,000 in one-time funding to help with expenses like rent, insurance, employee wages, maintenance and utilities. The grant can also help cover unexpected costs that resulted from the restrictions, such as the purchase of perishable goods, the B.C. government said in a news release.
More than $50 million from the $345-million Small and Medium Sized Business Recovery Grant program has been set aside for businesses through the Circuit Breaker Business Relief Grant. The individual amount a business receives will be based on the number of employees.
The grant is open to eligible businesses of any size that have been in operation since Feb. 1, 2021. To ensure affected businesses can access the funds quickly, the grant has a streamlined application.
“COVID-19 has presented significant challenges for everyone in the restaurant industry,” said Mark von Schellwitz, Restaurants Canada vice-president, Western Canada. “We appreciate that the B.C. government continues to find ways to help the hospitality sector. This new grant will be of great benefit to many restaurants as they continue to adapt and change in response to the pandemic.”
Applications for the Circuit Breaker Business Relief Grant are open as of April 12.
Print this page