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A detailed table outlining the various federal programs available are listed below. If you would like to discuss your eligibility for any of these programs...
A detailed table outlining the various federal programs
available are listed below. If you would like to discuss your
eligibility for any of these programs, please do not hesitate to
contact a member of our team.
Futurpreneur Canada is a national,
non-profit organization that provides financing, mentorship and
support tools to entrepreneurs aged 18-39. To support ongoing
lending to young entrepreneurs, the federal government of Canada is
injecting $20.1 million in additional funding to Futurpreneur
Canada
Futurpreneur Canada offers a
collateral-free loan up to $20,000 per business
Interest is charged at CIBC's
prime rate + 3.75%
Interest-only payments for the first
year are required
Principal repayments are made in
equal monthly instalments together with interest over the remaining
four years
There is penalty for early
repayment
A $15 program fee is charged monthly
for the duration of your loan, added to monthly repayment
installments
A $50 fee is charged at the time of
disbursement
Together with Futurpreneur Canada,
entrepreneurs needing more than $20,000 can apply for an additional
$40,000 through the Business Development Bank of Canada (BDC). The
following terms apply for the $40,000 BDC loan:
Interest-only repayment in the first
year
Interest is charged at the BDC
Floating Base Rate + 5%
You may prepay all or any part of the
outstanding principal; however, BDC must receive the interest owing
to the time of repayment, together with an indemnity equal to three
months' interest on the principal prepaid
Once per year (non-cumulative) on the
anniversary date of the loan authorization date, you may repay 15%
of the principal outstanding without indemnity
BDC charges a $50 processing fee,
which is deducted from the initial loan disbursement
Entrepreneurs must apply for the
$20,000 and $40,000 loans through Futurpreneur Canada and the BDC,
respectively
To be eligible for the $20,000 loan
through Futurpreneur Canada, entrepreneurs must: be aged between 18
and 39, demonstrate some training/experience related to the
business idea, create full-time sustainable employment for the
applicant(s), agree to work with a mentor for up to two years,
produce a complete and viable business plan by the end of the
application process, demonstrate that the business has been fully
operating for fewer than 12 months, agree to provide authorization
for Futurpreneur Canada to carry out a credit check, supply two
personal references, and demonstrate that you have been discharged
from bankruptcy for at least five years or one year after receipt
of a Certificate of Full Performance in the case of a Consumer
Proposal. For a complete list of eligibility requirements, click
here
To be eligible for the $40,000 loan
through the BDC, entrepreneurs must: be aged between 18 and 39 and
demonstrate that the business has been fully operating for fewer
than 12 months. Entrepreneurs must contact their local BDC office
to speak to an advisor
Applications for the $20,000 loan
through Futurpreneur Canada are accepted on a rolling basis
Applications for the $40,000 loan
through the BDC are also accepted on a rolling basis.
You must contact their local BDC office to speak to an
advisor
National Research Council (NCR)'s Industrial Research
Assistance Program
Description
Eligibility
Application details
If you're a small or medium sized
Canadian business pursuing a technology driven innovation, you may
be eligible for financial support from the NRC's IRAP
The Industrial Research Assistance
Program (IRAP) provides advice, connections, and funding to help
Canadian small and medium-sized businesses increase their
innovation capacity and take ideas to market.
To help support these firms, the
federal government of Canada is investing $250 million through
IRAP
Funding is determined on a
case-by-case basis and may be supplied in the form of a government
grant
You may be eligible for IRAP funding
if you satisfy the following requirements:
You are an incorporated,
profit-oriented small or medium-sized business in Canada
You have 500 or fewer full-time
equivalent employees, and
You plan to pursue growth and profit
by developing and commercializing innovative, technology-driven new
or improved products, services or processes in Canada
Applications are accepted on a
rolling basis
If you meet all three criteria,
connect with NRC IRAP by calling 1-877-994-4727
BDC Capital Bridge Financing Program
Description
Eligibility
Application details
BDC Capital, BDC's investment
arm, launched the BDC Capital Bridge Financing Program, where BDC
Capital may match, with a convertible note, a current financing
round being raised through qualified existing and/or new investors
made into eligible Canadian start-ups
The program is ideal for high
potential companies that have venture capital investor syndicates
willing to support them. BDC will invest alongside these
groups
To
be eligible, companies must:
be Canadian
backed by a qualified venture capital
firm
have raised at least $500,000 in
external capital before applying for the program, and
be specifically impacted by
Covid-19.
Any matching investment by BDC
Capital will be further subject, notably, to satisfactory due
diligence review by BDC, agreement on terms of the investment, and
approval by a BDC investment committee.
Applications are accepted on a
rolling basis
Companies that meet the criteria are
eligible to apply
Interested companies should speak to
an advisor by calling 1-877-232-2269
Business Credit Availability Program (BCAP): Loan Guarantee for
Small and Medium Enterprises
Description
Eligibility
Application details
EDC Loan Guarantee for Small and
Medium-Sized Enterprises: Allows financial institutions to
issue operating credit and cash flow term loans of up to $6.25
million to existing clients, with 80% guaranteed by EDC
Money is to be used for operational
expenses, not for dividend payouts, shareholder loans, bonuses,
stock buyback, option issuance, increases to executive compensation
or repayment/refinancing of other debt
This program is now available at
various financial institutions and credit unions
BDC Co-Lending Program for Small
and Medium Enterprises. The program is designed in three
segments to target support to different business sizes:
Loans of up to $312,500 to businesses
with revenues of less than $1 million
Up to $3.125 million for businesses
with revenues between $1 million and $50 million. Up to $6.25
million for businesses with revenues in excess of $50 million
Loans would be interest-only for the
first 12 months, with a 10-year repayment period
These programs are available to
Canadian businesses in all sectors that were otherwise financially
viable and revenue generating prior to the COVID-19 outbreak.
Business owners are invited to contact their financial institution
or a credit union to learn more
Applications are accepted on a
rolling basis
Business owners are invited to
contact their financial institution or a credit union to
apply
Business Credit Availability Program (BCAP): Canada Emergency
Business Account (CEBA)
Description
Eligibility
Application details
The federal government will provide
interest-free credit facilities of up to $40,000 to small
businesses and not-for-profits to pay immediate operating costs
like payroll, rent, utilities, insurance, property tax, or debt
service
The program was expanded April 16 and
is now available to Canadian employers with $20,000 to $1.5 million
in total payroll in 2019, and operating as of March 1, 2020
The program was further expanded on
June 15 to capture owner-operated small businesses that had been
ineligible for the program due to their lack of payroll, sole
proprietors receiving business income directly, and family-owned
corporations remunerating in the form of dividends rather than
payroll.
If the loan is repaid by December 31,
2022, 25% (up to $10,000) will be forgiven
If the loan is not repaid by December
31, 2022, the remaining balance will be converted to a three-year
term loan at 5% interest
This program is now available at
various financial institutions and credit unions
To qualify, your business must
demonstrate it paid between $20,000 to $1.5 million in total
payroll in 2019.
As of June 15, ff your business had a
payroll less than $20,000, you will still be eligible (1) a
business operating account at a participating financial
institution; (2) a Canada Revenue Agency business number; (3) a
2018 or 2019 tax return; and (4) an eligible non-deferrable
expenses of between $40,000 and $1.5 million.
Applications are accepted on a
rolling basis
Contact their financial institution
or a credit union to apply
Canada Emergency Wage Subsidy (CEWS)
Description
Eligibility
Application details
Under the Canada Emergency Wage
Subsidy (CEWS), the federal government will subsidize up to 75% of
the wages paid to eligible employees between March 15 and June 6,
2020. The program has the potential to be extended up to September
30, 2020
The CEWS is generally available at a
rate of 75% of eligible remuneration paid to employees, up to a
subsidy of $847 per week, per employee
The subsidy generally applies to all
businesses (including taxable corporations, individuals and
partnerships consisting of eligible employers), regardless of size,
as well as registered charities and certain non-profits, but
otherwise excluding tax exempts and public bodies
Employers eligible for the CEWS are
also entitled to receive a 100% refund for certain employer-paid
contributions to Employment Insurance, the Canada Pension Plan, the
Quebec Pension Plan, and the Quebec Parental Insurance Plan for
employees on paid leave
The government launched a calculator to help
employers apply for the CEWS
To be eligible, employers must have
had a drop of at least 15% of their revenue in March 2020 and 30%
in April and May 2020, as compared to either the same month in
2019, or to an average of its monthly gross revenues in January and
February 2020. In applying for the subsidy, employers will be
required to attest to the decline in revenue
Revenue for this purpose means
revenue from a business in Canada earned from arm's-length
sources, is calculated using the employer's normal accounting
method (under the accrual method or the cash method, but not a
combination of both), and excludes revenues from extraordinary
items and amounts on account of capital
Special rules exist to address issues
relevant to corporate groups, non-arm's length entities and
joint ventures
The 10% Temporary Wage Subsidy for
Employers is a three-month measure that will allow eligible
employers to reduce the amount of payroll deductions required to be
remitted to the Canada Revenue Agency (CRA)
The Canada Emergency Wage Subsidy,
which provides a 75% wage subsidy to eligible employers for up to
12 weeks, is a separate program
The subsidy is equal to 10% of the
remuneration paid from March 18 to June 19, 2020, up to $1,375 for
each eligible employee and to a maximum of $25,000 total per
employer
The subsidy must be calculated
manually, either by you or whoever is responsible for making your
payroll remittances. The CRA will not automatically calculate the
allowable subsidy
Eligible employers that pay
remuneration to employees during the eligible period are permitted
to reduce remittances of federal, provincial or territorial income
tax by the amount of the subsidy
If they do not, they can ask for a
subsidy payment at the end of the year or transfer the unused
subsidy amount to their next year's remittance.
Eligible employers are
Canadian-controlled private corporations (including cooperative
corporations) eligible for the small business deduction, non-profit
organizations, registered charities, individuals and
partnerships
Organizations that qualify for both
the Canada Emergency Wage Subsidy and the Small Business Wage
Subsidy will have any subsidy under the former reduced by the
amount of any subsidy under the latter
N/A
COVID-19 Regional Genomics Initiative
Description
Eligibility
Application details
Genome Canada is issuing a funding
opportunity to support regional genomics projects designed to
address specific, short-term needs of industry, not-for-profit, and
public sector receptors through research conducted by academics in
collaboration with these receptors
Each regional Genome Centre will
engage in a process with regional organizations and researchers to
determine what type of research initiative would best address the
COVID-19 crisis. Initiatives could range from targeted investments
to a competitive process
After a review of expressions of
interest for eligibility to the program by Genome Canada, the
subsequent application and peer review process will be led by the
Genome Centre and/or its partner(s). Genome Canada is making $1.5
million available, up to $250,000 per regional Genome
Centre
It is expected that these initiatives
will start no later than July 1, 2020 and be completed on/before
June 30, 2022
Social Sciences and Humanities Research Council (SSHRC)
Description
Eligibility
Application details
SSHRC is committed to investing up to
$1.5 million over the next two Partnership Engage Grants (PEG)
competitions to support COVID-19 related projects, at a maximum
amount of $25,000 per project for one year.
SSHRC encourages projects in, but not
limited to, the following themes:
Understanding the differentiated
social impacts of a pandemic, like COVID-19, using gender-based
analysis, or by analyzing its political and economic effects at a
regional, national or global scale
Designing and implementing effective
and equitable recovery measures, such as fiscal and monetary
policies, supply chain management measures, and social protection
and employment creation initiatives
Building longer-term resilience and
disaster preparedness, for instance, by learning from Indigenous
knowledge systems, developing new emergency, public communication
and work environment plans, or by rethinking communal and
pedagogical approaches, artistic models and rituals
Partnership Engage Grants COVID-19
Special Initiative applications are subject to the general PEG
eligibility requirements
The application deadlines are June 15
and again on September 15
Results will be announced in August
and again in November
StartUp Health
Description
Eligibility
Application details
StartUp Health is looking to invest
in innovators from around the world working on direct or indirect
solutions for mitigating, managing, or treating coronavirus or
future pandemics
StartUp Health is launching an open
call for innovation as part of our Cure Disease Moonshot and
putting the full support of the StartUp Health platform and network
behind bringing your innovations to the world. It is interested in
technologies that may speed up the R&D process for finding
treatments, or solutions that can help with diagnostics, home care,
hygiene or telemedicine
This is a broad call for innovations
that can aid the public, patients, and health professionals, alike,
in addressing issues brought on a health pandemics
Applications are accepted on a
rolling basis
Apply to StartUp Health's
accelerator program here
Mitacs 3-to-1 Investment Ratio for COVID-19 R&D
Projects
Description
Eligibility
Application details
Mitacs is a Canadian not-for-profit that
specializes in designing and delivering research and training
programs in partnership with various Canadian universities,
companies, and the federal and provincial governments
Mitacs announced a 3-to-1 Investment
Ratio program, where, if a business owner invests $3,750 in R&D
wages paid to a post-secondary researcher towards an eligible
project, Mitacs will match it with $11,250 for a project total of
$15,000. This grant can be stacked with other COVID-19-related
project funding
Both for-profit and not-for-profit
corporations in all sectors of Canada may be eligible for
funding
Mitacs works on a project-by-project
basis where applicants are matched with an academic researcher to
develop an R&D project with the potential for a large impact in
responding to the novel coronavirus. This project is then submitted
as a proposal, which is accepted or rejected by Mitacs'
COVID-19 funding stream
Proposals can be submitted any time
up to May 15, 2020
Digital Technology Supercluster COVID-19 Program
Description
Eligibility
Application details
The Digital
Technology Supercluster is one of Canada's
five Innovation
Superclusters, which are initiatives financed by the Government
of Canada that aim to foster strong connections between
stakeholders in Canada's most promising clusters.
The program provides Canadian
government grants and other supports for business-led R&D
projects that focus on transformational digital technologies
Funding will be allocated to projects
that supports the development, deployment, scale-up, and adoption
of products, services, and technologies to help address the needs
created by the COVID-19 pandemic
The Digital Technology Supercluster
is investing up to $60 million to improve the health and safety of
Canadians and Canada's ability to address issues created by the
COVID-19 outbreak
Successful applicants may receive
between 50-100% of eligible project expenses
Projects should focus on one of the
following priority areas: Diagnostics and Therapeutics, Health
System, Community Health, Emergency Response, or Safe
Living
Projects will be reviewed on a
case-by-case basis to determine the amount of funding based on
impact
To be eligible for the Digital
Technology Supercluster COVID-19 Program, applicants should align
with the following criteria: must have at least two contributors to
the project (single company initiatives will be reviewed only in
exceptional circumstances), participants can come from all
industries and sectors, all project contributors must be members of
the Supercluster (membership is free), and projects must have
experienced and capable project management
There is a continuous intake of
applications and no specific deadline, though the program
encourages applications to be submitted as quickly as possible
If you are interested in this
program, please contact
Mentor Works to assist you in confirming eligibility
NSERC Alliance COVID-19
Description
Eligibility
Application details
NSERC is providing up to $15 million
in total support to stimulate collaborations between academic
researchers and the public and not-for-profit sectors, and industry
to address pandemic-related research and technical challenges
Support for up to $50,000 for
one-year projects is being made available immediately
University researchers collaborating
with private-sector, public-sector, or not-for-profit organizations
are eligible if they have innovative solutions that address issues
raised by COVID-19
Applications are accepted on a
rolling basis
The application deadline is June 1,
2020
Patient-Centered Outcomes Research Institute (PCORI)
Description
Eligibility
Application details
PCORI will issue a new research
funding announcement with an accelerated timeline to support
innovative, high-impact studies that fit clearly within our core
mission of patient-engaged and patient-centered comparative
clinical effectiveness research. The objectives of this
announcement are to (1) strengthen the understanding of different
approaches to mitigate the impact of COVID-19 on individuals,
communities, healthcare providers, and healthcare systems; and (2)
provide evidence to inform clinical and public health responses,
decision making, and planning. PCORI encourages the use of diverse
methods, including interventional studies and the use of natural
experiments, to conduct research on an accelerated timeline
Applicants are encouraged to complete
primary outcomes collection and provide actionable findings in no
longer than 12 months
This funding announcement has three
targeted priority areas: (1) adaptations to healthcare delivery,
(2) impact of COVID-19 on vulnerable populations, and (3) impact of
COVID-19 on healthcare workforce well-being, management, and
training
The Canada Emergency Commercial Rent
Assistance (CECRA) for small businesses program will lower rent by
75% for small businesses that have been affected by
COVID-19
The program will provide forgivable
loans to qualifying commercial property owners to cover 50% of
three monthly rent payments that are payable by eligible small
business tenants who are experiencing financial hardship during
April, May, and June
The loans will be forgiven if the
mortgaged property owner agrees to reduce the small business
tenants' rent by at least 75% under a rent forgiveness
agreement, which will include a term not to evict the tenant while
the agreement is in place. The small business tenant would cover
the remainder, up to 25% of the rent
Impacted small business tenants are
businesses paying less than $50,000 per month in rent and who have
temporarily ceased operations or have experienced at least a 70%
drop in pre-COVID revenues. This support will also be available to
non-profit and charitable organizations
It is expected that CECRA will be
operational by mid-May, and further details will be announced
shortly
Canada invests $50M to assist small businesses to adopt ditigal
technologies
Description
Eligibility
Application details
On June 11, Canada announced a
$57-million investment to help main street businesses across
Ontario adopt digital technologies. Support will be offered through
two main platforms:
Digital Main Street Platform. With
$42.5-million from the Government of Canada (through FedDev
Ontario) and $7.45 million from Ontario, the Ontario Business
Improvement Area Association, the Toronto Association of Business
Improvement Areas, Communitech and Invest Ottawa will support over
21,900 small businesses across Ontario, to pivot their operations
to include digital business models, regain lost revenue and become
more resilient and competitive.
Recovery Activation Program. To
complement the Digital Main Street Platform, the Toronto Region
Board of Trade will receive $7.5 million from the Government of
Canada through FedDev Ontario and $200,000 from Ontario for the
Recovery Activation Program. Participating firms will receive
training, advice and a customized blueprint for digitizing their
supply chains, customer acquisition systems and other
operations.
Small to medium-sized businesses that
need assist with new digital technology are encouraged to apply
through their local program.
CIHR Covid-19 May 2020 Rapid Research Funding Opportunity
Description
Eligibility
Application details
Canada will provide funding for
clinical trials, including pragmatic and adaptive trials in
addition to amplification of existing trials, trial networks, or
platforms to include COVID-19 data elements. This can include the
inclusion of Canadian sites for trials being led or funded
internationally. Funding is also available for observational
studies, implementation science or other relevant study designs to
scale-up promising existing projects, reorient current research or
platforms, or initiate new rapid response research that can be
initiated immediately
The maximum amount per grant that can
be requested for clinical trial research is $5,000,000 over 1 year.
The maximum amount per grant that can be requested for all other
types of research is $2,500,000 over 1 year
Eligibility is determined on a
case-by-case basis per the CIHR
All businesses are allowed to defer,
until after August 31, 2020, the payment of any income tax amounts
that become owing on or after March 18 and before September 1,
2020
No interest or penalties will
accumulate on these amounts during this period
This relief would apply to tax
balances due, as well as installments, under Part I of the Income Tax Act
Applies to corporations that would
otherwise have a filing due date after March 18 and before June 1,
2020
Applies to balances and instalments
under Part I, Income Tax Act due on or after
March 18 and before September 1, 2020
Deferral of Sales Tax Remittance and Customs Duty Payments
Description
Eligibility
Application details
All businesses may defer until June
30, 2020, remittances of the Goods and Services Tax/Harmonized
Sales Tax (GST/HST), as well as customs duties owing on their
imports
The deferral will apply to GST/ HST
remittances for the February, March and April 2020 reporting
periods for monthly filers; the January 1, 2020 through March 31,
2020 reporting period for quarterly filers; and for annual filers,
the amounts collected and owing for their previous fiscal year and
instalments of GST/HST in respect of the filer's current fiscal
year
For GST and customs duty payments for
imported goods, deferral will include amounts owing for March,
April and May
All businesses may defer until June
30, 2020, remittances of the Goods and Services Tax/Harmonized
Sales Tax (GST/HST), as well as customs duties owing on their
import
The deadline for businesses to file
their returns is unchanged. Those who are able to, should continue
to file their GST/HST returns on time reporting their net tax for
the reporting period to help facilitate tax compliance and
administration
However, recognizing the difficult
circumstances faced by businesses, the CRA won't impose
penalties where a return is filed late provided that it is filed by
June 30th
Indigenous Businesses
Description
Eligibility
Application details
The federal government will provide
up to $306.8 million to help small and medium-sized Indigenous
businesses, and to support Aboriginal Financial Institutions that
offer financing to these businesses
The funding will allow for
short-term, interest-free loans and non-repayable contributions
through Aboriginal Financial Institutions, which offer financing
and business support services to First Nations, Inuit, and Me?tis
businesses
To determine if your business is
eligible, contact your Aboriginal Financial Institution
To determine if your business is
eligible, contact your Aboriginal Financial Institution
Bank of Canada
Description
Eligibility
Application details
The Bank of Canada has lowered its
target for the overnight rate by 150 basis points over the last
three weeks. The Bank Rate is correspondingly 1?2 percent and the
deposit rate is 1?4 percent
These rates apply for all
businesses
These rates are currently in
force
Changes to Canada Summer Jobs Program
Description
Eligibility
Application details
The
Canadian government is implementing temporary changes to the
program:
An increase to the wage subsidy, so
that private and public sector employers can also receive up to
100% of the provincial or territorial minimum hourly wage for each
employee
An extension to the end date for
employment to February 28, 2021
Allowing employers to adapt their
projects and job activities to support essential
services
Allowing employers to hire sta on a
part-time basis
These changes apply to all employers
registered with the Canada Summer Jobs Program
Employers can apply for the Canada
Summer Jobs Program here
Extended Work-Sharing Program
Description
Eligibility
Application details
The maximum duration of the
Work-Sharing program has been extended from 38 weeks to 76
weeks
The Work-Sharing program is o ered to
workers who agree to reduce their normal working hours because of
developments beyond the control of their employers
To be eligible for a WS agreement,
your business must: be a year-round business in Canada for at least
1 year, be a private business or a publicly held company, or have
at least 2 employees in the WS unit
Eligibility was also extended to:
government Business Enterprises (GBEs), also referred to as public
corporations, and not-for-profit employers experiencing a shortage
of work due to a reduction of business activity and/or in revenue
levels due to COVID-19
a deferral of principal and interest
payments up to six months for existing loans; or
a deferral of principal payments up
to 12 months
access to credit line up to $500,000,
secured by general security agreements or universal movable
hypothec
If you'd like more information on
these options or on how FCC can help improve your financial
position, contact your local
office or the Customer Service Centre at
1-888-332-3301
Businesses can contact their local
FCC office
Food and Agribusiness: Canadian Seafood Stabilization Fund
Description
Eligibility
Application details
Fund of $62.5 million to the fish and
seafood processing sector to help businesses:
access short-term financing to pay
for maintenance and inventory costs;
add storage capacity for unsold
product;
comply with new health and safety
measures for workers;
support new manufacturing/automated
technologies to improve productivity and quality of finished
seafood products; and
adapt products to respond to changing
requirements and new market demands
The Canadian Seafood Stabilization
Fund will be delivered through the Atlantic Canada Opportunities
Agency, Canada Economic Development for Quebec Regions, and Western
Economic Diversification Canada
Further details on how and when
processors can apply for assistance will be confirmed at a later
date
Emergency Support Fund for Cultural, Heritage and Sport
Organizations
Description
Eligibility
Application details
Fund of up to $500 million to help
address the financial needs of cultural, heritage, and sport
organizations affected by COVID-19 so they can continue to support
artists and athletes
The Fund will be administered
by Canadian
Heritage with the support of its partners
For more information on eligibility,
contact Canadian Heritage at 1-866-811-0055 or send them an email
at PCH.info-info.PCH@canada.ca
For more information on eligibility,
contact Canadian Heritage at 1-866-811-0055 or send them an email
at PCH.info-info.PCH@canada.ca
Non-Profit and Charitable
Description
Eligibility
Application details
Fund of up to $350 million to support
vulnerable Canadians through charities and non-profit organizations
that deliver essential services to those in need
The Emergency Community Support Fund
will provide funding to national intermediaries with networks
across the country, including United Way Canada, the Canadian Red
Cross, and the Community Foundations of Canada
The investment will flow through
national organizations that have the ability to get funds quickly
to local organizations that serve vulnerable populations. It will
support a variety of activities, such as: increasing
volunteer-based home deliveries of groceries and medications,
providing transportation services, like accompanying or driving
seniors or persons with disabilities to appointments, scaling up
help lines that provide information and support, helping vulnerable
Canadians access government benefits, providing training, supplies,
and other required supports to volunteers so they can continue to
make their invaluable contributions to the COVID-19 response,
replacing in-person, one-on-one contact and social gatherings with
virtual contact through phone calls, texts, teleconferences, or the
Internet
Applications must be submitted with
individual organizations
Regional Relief and Recovery Fund (RRRF)
Description
Eligibility
Application details
Fund of $675 million to small and
medium-sized businesses that are unable to access the
government's existing COVID-19 support measures, through
Canada's Regional Development Agencies
Fund of $287 million to support the
national network of Community Futures Development Corporations,
which will specifically target small businesses and rural
communities across the country
Small to medium sized business
negatively impacted by COVID-19
Your local regional development
agency should be your first point of contact
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