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Starting June 29, eligible small- and medium-sized businesses, co-ops and non-profits can apply for funding so they can open their doors and get Albertans back to work.
The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that faced restrictions or closures from public health orders, and experienced a revenue loss of at least 50 per cent due to the COVID-19 pandemic.
Eligible job creators can apply for up to $5,000 through this program.
To be eligible, small- and medium-sized businesses, cooperatives and non-profits must have 500 or fewer employees.
The program has a budget of $200 million.
Application intake will open at 10 a.m. on June 29, and remain open until Aug. 31, or for four weeks following the start of stage three of Alberta’s Relaunch Strategy – whichever is later.
To manage the expected volume of applications, during the first week of application intake (June 29 to July 3), a specific application day has been designated for specific regions of the province.
During this time, applicants are encouraged to apply on the application day that is specified for their region.
· June 29, 2020: North
· June 30, 2020: South
· July 1, 2020: Urban
· July 2, 2020: Calgary
· July 3, 2020: Edmonton
· July 4, 2020, onwards: businesses, cooperatives and non-profits from all regions may apply at any time until application intake closes.
Full program details, including additional eligibility criteria, application days by region, and how to apply, are outlined in the program guidelines.
A program web page and online application portal will launch on alberta.ca when application intake opens at 10 a.m. on June 29.