alberta covid grant

By   december 22, 2020

As of Thursday afternoon, there were 20,163 active cases of COVID-19 in Alberta. Share this Article: Facebook Twitter LinkedIn. Topics in this Article: Employment and Labour Taxes. The program offers 2 payments to eligible applicants, with up to $20,000 in available funding per eligible application. This second payment will now be 15 per cent of pre-pandemic monthly revenues up to a maximum of $15,000 – for a total of $20,000 in potential funding available for each business, up from the original $5,000. Have experienced a reduction in revenue of at least 30% in April and/or May 2020 in comparison to April 2019, May 2019 or February 2020 as a result of COVID-19 public health orders. Social gatherings are the top source of transmission. Two grant streams are available: (1) grants for individual businesses that need help to reopen or pivot business models as a result of COVID-19 and (2) Grants for business associations, organizations and economic development groups that are supporting business recovery and local economic development. Many of our spinoffs are also heavily involved in the COVID-19 fight. Be carrying on business/operations or were eligible to carry on business/operations in Alberta on February 29, 2020. Applications will be open until March 31, 2021, unless otherwise communicated. Create a user account and log into the online application portal, Step 3. Applicants will be required to submit separate applications for each location/chapter/branch, and check the appropriate box in the application form. If any other payments, grants or amounts were received from federal or provincial government sources or from insurance to replace or compensate for the loss of revenue (other than the sources listed above), your organization is not eligible to apply. The businesses are among those that are now closed for at least the next two weeks under health measures that took effect Thursday. This lowers the threshold from the existing requirement of 40 per cent revenue loss. “Our small businesses need additional supports, and they need them today – that’s why we’re taking action now to increase the funding available to our local job creators,” said Doug Schweitzer, Minister of Jobs, Economy and Innovation. Please contact us about available grant opportunities. Funding will be managed to ensure funds are available in Phase 2. May 2020 Recipients. This second payment is available to businesses operating in areas on the provincial watch list where new health restrictions have been implemented. On Tuesday, the government announced it would expand the Small and Medium Enterprise Relaunch Grant, with a new lower threshold and increased grant amounts. Applicants who have already submitted an application for their first payment will be given the option to fill out and submit an application for the second payment. This grant would not be possible without the generous contributions made by community supporters, donors, the City of Medicine Hat, the Government of … Mandatory measures in effect provincewide. Overview Coming soon - the Innovation Employment Grant will encourage economic growth by supporting small and medium-sized businesses that invest in research and development (R&D) with a grant worth up to 20% of qualifying expenditures. A business or organization must now only demonstrate a 30 percent revenue drop in either April or May of 2020, generally in comparison to revenue from the corresponding month in 2019. (With file from Government of Alberta media release), Phone: (403) 343-7105Newsroom: (403) 342-6397Advertising: (403) 342-8616, We strive to achieve the highest ethical standards in all that we do. So far, 666 Albertans have died from COVID-19. The program provides funding to organizations that saw a 30% revenue reduction in April or May 2020 due to the COVID-19 pandemic. Now we are harnessing our significant expertise and some of Canada's, even the world's most advanced research facilities, to tackle COVID-19 from various angles including vaccines, treatments, diagnostics and prevention. Before completing your application, read the: All applications must be submitted through the online application portal. The applicant may be contacted by a program officer for more information to complete the review. Applying for Student Aid. Details can be found at admin@cfsea.ca. If you already have a MADI, please log in with your existing credentials. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations with fewer than 500 employees that faced restrictions or closures from public health orders. Businesses, cooperatives and non-profits can use these funds as they see fit to help offset a portion of the impact of new public health measures or their relaunch costs, such as implementing measures to minimize the risk of virus transmission, which could include: Ministry responsible: Jobs, Economy and Innovation. Have less than 500 employees (full time, part-time and contract combined): Seasonal businesses may use the number of employees from the year prior to when the COVID-19 public health orders were introduced, or the average number of employees over the 3 years prior to the COVID-19 public health orders introduced. Grant funding amounts for the first payment are calculated based on 15% of the eligible organization’s pre-COVID-19 monthly revenue up to a maximum of $5,000 per business, cooperative or non-profit organization. Applications with incomplete or incorrect information, or that require manual review, will experience a delay in processing and will not receive payment within 10 business days. All applications and corresponding grants are subject to a potential audit by the Government of Alberta, or their authorized representatives, upon reasonable notice to the recipient. Starting a completely new application will result in the application being flagged by the system as a duplicate and will cause payment delays. Applications for the first and second payment are open. A new program launched by the City of Winnipeg will help small businesses and non-profits make it through the second wave of the COVID-19 pandemic with a $1,500, non-repayable grant. 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