Could your small business use a $10K Relief Fund grant?
By Anthony Capkun
May 26, 2020 – Through the generosity of Salesforce, the Canadian Chamber of Commerce announced a new program—the Canadian Business Resilience Network Small Business Relief Fund—that aims to provide small Canadian businesses with $10,000 grants to help their recovery efforts during these times.
The initiative will help 62 small Canadian businesses support their recovery efforts, which could include paying salaries, acquiring safety and PPE for staff, replenishing materials or paying for the measures required to adapt business models to the economic impacts of COVID-19, among other key priorities.
The applications that best demonstrate how the funds will help the business, their employees and their communities will receive the funding.
“Small businesses are some of Canada’s most innovative and hardworking communities, and it is our priority to help them get back to work safely and prepare for Canada’s next normal,” said Margaret Stuart, Salesforce’s Canada country manager.
The grant specifically targets small, for-profit businesses that have been operating for several years and are now experiencing challenges because of COVID-19.
The application period will open on June 1, 2020, on the CBRN website and close on June 12, 2020.
The successful applicants will be announced in late June to early July 2020, with the funds being transferred to the successful applicants shortly thereafter.
“During the COVID-19 crisis, the Canadian Chamber’s mission is to help as many businesses as possible stay afloat and remain open,” said Perrin Beatty, the Chamber’s president & CEO. “Small business owners put everything they have into their businesses, and these grants will help give a little bit back to them.”
The Canadian Chamber of Commerce explains it established the Canadian Business Resilience Network (CBRN) in partnership with the Government of Canada to help the business community prepare, persevere and, ultimately, prosper in the face of the COVID-19 pandemic.