The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, co-ops, and non-profits that were ordered to close or reduce operations, and that experienced a revenue reduction of at least 50%, as a result of the COVID-19 pandemic.
Eligible organizations can apply for 15% of their pre-COVID-19 revenue, up to a maximum of $5,000 in funding.
The Grant will be open for applications until August 31 or for 4 weeks following the start of Phase 3 of Alberta’s Relaunch Strategy – whichever is later.
Learn more about eligibility and how to apply: https://www.alberta.ca/sme-relaunch-grant.aspx?fbclid=IwAR24EqZtDh5OrebKqbfy1YFPIYghZFIWzRjviZ-uf0oU5hlQ8BJhcVQ073E
Thinking about starting a small business yourself? Watch this short video and learn tips to help you turn your idea into a successful small business in Alberta: https://settlementcalgary.com/how-to/watch-how-to-videos/how-to-start-a-small-business-in-alberta/
(The video is in English and available with subtitles in Arabic, Chinese, Tigrinya, French, Spanish and Hindi.)
Word of the Day:
Revenue: income or earnings of a company or organization
