From the office of MPP Toby Barrett
To The Haldimand Press
HALDIMAND—The Ontario government has opened applications for the new Ontario Small Business Support Grant. The grant provides a minimum of $10,000 to a maximum of $20,000 to eligible small businesses who have had to restrict their operations due to the Provincewide shutdown. The tightened restrictions were put in place to help stop the alarming rise of COVID-19 cases in Ontario.
“I strongly encourage all small business owners facing challenges because of the virus to apply for this grant,” said Haldimand Norfolk MPP Toby Barrett. “This money can be used in whatever manner makes the most sense for their operation.”
“As Ontario’s employers do their part to defeat COVID-19, they are facing unprecedented challenges as a result of this global pandemic,” said Peter Bethlenfalvy, Minister of Finance and President of the Treasury Board. “While we still have a lot of work ahead of us, we can all look confidently to the future as we resolve to do our parts and put COVID-19 behind us.”
Small businesses required to close or significantly restrict services under the provincewide shutdown will be able to apply for this one-time grant and use this funding in whatever way makes the most sense for their individual business needs. For example, some businesses could need support paying employee wages, while others could need support with their rent.
Eligible small businesses include those that:
- Were required to close or significantly restrict services due to the shutdown being imposed across the province effective 12:01 a.m. on December 26.
- Less than 100 employees at the enterprise level.
- Experienced a minimum of 20% revenue decline in April 2020 compared to April 2019. New businesses established since April 2019 will also be eligible if they meet the other eligibility criteria.
“Small businesses are the heart of Ontario’s economy,” said Vic Fedeli, Minister of Economic Development, Job Creation, and Trade. “The Ontario Small Business Support Grant will help thousands of small businesses get through this difficult time.”
“As the son of two small business owners, I understand what small businesses mean to the families, employees, and local communities they support,” said Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction. “Our hardworking businesses can be encouraged that the government’s new Ontario Small Business Support Grant offers yet another helping hand that will give them the boost they need to meet the challenges of today and prepare for a brighter tomorrow.”
Businesses impacted by the shutdown are also eligible for additional supports, including rebates to offset fixed costs such as property tax and energy bills.
More information about the Ontario Small Business Support Grant and other rebates is available on Ontario.ca/COVIDsupport.