VICTORIA, B.C. – The Provincial Government has announced it will be providing more funding to help the 14,000 restaurants, bars, breweries, wineries, gyms, and fitness centres affected by the new provincial health orders (PHO).
The $50 million Circuit Breaker Business Relief Grant will provide businesses with up to $10,000 in one-time funding to assist with expenses like rent, insurance, employee wages, maintenance, and utilities. The grant will also help cover any unexpected costs as a result of the restrictions like the purchase of perishable goods.
“Our commitment to support businesses is unwavering, and our work to ensure that they have every opportunity to get past this pandemic will continue,” said Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation.
“We have reason to be hopeful, and things will soon get better for all of us in British Columbia. In the meantime, our local businesses need us, and we need them. I encourage communities to BuyBC and shop local wherever you can.”
The Circuit Breaker Business Relief Grant is open to any eligible businesses of any size that have been in operation since February 1st, 2021. To make sure affected businesses have access to the funds quickly, the grant application has been streamlined.
The funding of $50 million is from the $345 million Small and Medium Sized Business Recovery Grant program. The amount a business receives is based on the number of employees.
Applications open the week of April 12th, and more information can be found on the Government website.