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Government of BC Small and Medium Sized Business Recovery Grant

The Small and Medium Sized Business Recovery Grant program provides fully funded grants to businesses to ensure they have the support they need during and beyond COVID-19.

How the program works 

Grants of $10,000 to $30,000 are available to small and medium sized B.C. businesses impacted by COVID-19. An additional $5,000 to $15,000 grant is available to eligible tourism-related businesses. 

The program runs until March 31, 2021 or until the funds are fully allocated, whichever comes first.

The first step is to apply for funding online.

If you’re eligible, you’ll be asked to develop a recovery plan. Professional service providers are available to help businesses with the recovery plan as needed. More information is available in the application.

Once your recovery plan is submitted and reviewed, approved businesses will receive grant funding for their plan.

You may be asked to give information and documentation about your recovery efforts and how the grant funding was used.

Available funding

Grants are fully funded. The grant and tourism top-up are subject to your business meeting the eligibility criteria and developing a recovery plan that you’ll be able to complete.

A business will only need to pay back the funding if: 

  • Any of the information they submit is untrue
  • They do not implement their recovery plan or
  • They use the funds for purposes that are not eligible under the program

For information on how to apply for the Small and Medium Sized Business Recovery Grant please go to the Government of BC webpage and follow the link:

https://www2.gov.bc.ca/gov/content/economic-recovery/business-recovery-grant