Small businesses are the heart of our communities and the backbone of Canada’s economy. Canadians everywhere have been supporting local businesses throughout the COVID-19 pandemic, from ordering take-out to buying gift cards. Civic-minded organizations with the resources and means are also pitching in.
Canadian Business Resilience Network Small Business Relief Fund will provide 62 grants, each worth $10,000, to Canadian businesses to help their recovery efforts during these unprecedented times. These grants are made possible through the generosity of Salesforce (NYSE:CRM).
Businesses can use the $10,000 grants to support their recovery efforts, including paying salaries, acquiring safety and personal protective equipment for staff, replenishing materials or paying for the measures required to adapt business models to the economic impacts of COVID-19.
To be eligible to apply, businesses must:
1. Be a for-profit company; and,
2. Belong to a chamber of commerce, board of trade or association that is a member of the Canadian Business Resilience Network; and;
3. Have between 2 and 50 employees; and,
4. Have been in business for 2 years as of March 1, 2020; and,
5. Have an annual revenue between $150,000 CAD and $5,000,000 CAD; and,
6. Have been negatively affected by the COVID-19 pandemic; and
7. Meet the other eligibility criteria set out in the program’s terms and conditions.
Do you know a small business that would benefit from a $10,000 grant? Applications are now open on the CBRN website until June 12, 2020 at 8:00 p.m. ET.