NEW FUNDING ANNOUNCED TO HELP BUSINESSES WITH VANDALISM COSTS
The provincial government has announced that small businesses throughout British Columbia will soon have access to new funding to support increased costs due to crime and vandalism, and to prevent further crime.
Starting in fall 2023, the Province will support small businesses in recovering expenses incurred after experiencing property damage due to crime and vandalism, and to recoup expenses after taking measures to prevent vandalism.
The new $10.5-million Securing Small Business Rebate Program will be available on an application basis and retroactive to January 1st, 2023. Businesses will be able to apply for as much as $2,000 per business for the cost of repairs due to vandalism, and up to $1,000 for vandalism prevention.
Information about how businesses can apply for funding is expected to be made available in the fall and communicated through local chambers of commerce, boards of trade and business improvement areas to ensure business owners can get funding as soon as possible.
Read the official news release HERE.