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My colleagues Minister Bethlenfalvy, Minister Fedeli, Minister Thompson and Associate Minister Sarkaria have provided an update on the Ontario Small Business Support Grants and encouraged eligible small businesses who haven’t applied to continue to do so.
To date, more than 42,000 applications have been received for the Grants, and businesses that have been approved can expect to receive payment within about 10 business days.
This vital program will provide eligible businesses with a one-time grant and provide much needed support to help get them through these challenging times.
The government will provide a minimum of $10,000 and up to $20,000 to eligible small businesses facing challenges due to the necessary Provincewide Shutdown. This grant also provides for small business owners so that they can spend it however makes the most sense for their businesses (e.g. paying rent, paying employee wages, maintaining inventory, etc.).
Businesses can apply at: www.ontario.ca/COVIDSupport
Link to Webpage: Ontario.ca/covidsupport