New Circuit Breaker Business Relief Grant announced
Minister Ravi Kahlon has announced the new Circuit Breaker Business Relief Grant which will provide $50 million to help the 14,000 restaurants, bars, breweries, wineries, gyms and fitness centres affected by the March 30, 2021, Provincial Health Orders.
The new Circuit Breaker Business Relief Grant will provide affected businesses up to $10,000 in one-time funding to help with expenses like rent, insurance, employee wages, maintenance and utilities. The grant can also help cover unexpected costs that resulted from the restrictions, such as the purchase of perishable goods.
The individual amount a business receives will be based on the number of employees. The grant is open to eligible businesses of any size that have been in operation since February 1, 2021.
Applications are expected to open the week of April 12, 2021, and will close on June 4, 2021, or until the funds are dispersed. We invite you to share this information with your networks and encourage interested businesses to visit www.gov.bc.ca/business-relief to register to receive an email notification when applications open.