The Government of Alberta has launched the Small and Medium Enterprise Relaunch Grant, which offers financial assistance to Alberta businesses, cooperatives, and nonprofit organizations that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 40%, as a result of the COVID-19 pandemic.
Eligible organizations can apply for 15% of their pre-COVID-19 monthly revenue, up to a maximum of $5,000 in funding.
Businesses, cooperatives and non-profits can use these funds as they see fit to help offset a portion of their relaunch costs, such as implementing measures to minimize the risk of virus transmission, which could include:
- physical barriers
- purchasing personal protective equipment and disinfecting supplies
- paying rent and employee wages
- replacing inventory and more
The deadline for applications is March 31, 2021. Application guidelines can be found here.
