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Province opens second payment of Small and Medium Enterprise Relaunch Grant

Nov 23, 2020 | 4:28 PM

The provincial government is offering more support to small- and medium-sized businesses, allowing them to apply for a second payment from the Small and Medium Enterprise Relaunch Grant.

This second payment will be available to businesses operating in areas on the provincial watch list where new health restrictions – like the temporary closure of indoor group fitness classes and team sports – have been implemented.

As well, the province says job creators that have experienced a 40 per cent revenue loss due to the COVID-19 pandemic will qualify for the grant, lowering the threshold from the existing 50 per cent revenue loss requirement. This 40 per cent threshold will be available to impacted businesses retroactive to March.

Doug Schweitzer, minister of jobs, economy and innovation, says small and medium-sized businesses are the backbone of Alberta’s economy.

Scott Wildeman, president of the Fitness Industry Council of Canada, says “there have been many added costs to running a facility, most notably those associated with cleaning and sanitization. We welcome this additional funding source for those businesses that have had to temporarily close and look forward to working alongside Alberta Health Services to ensure that our facilities are as safe as possible.”

Job creators that meet the eligibility criteria of the Small and Medium Enterprise Relaunch Grant can apply for 15 per cent of their pre-COVID-19 monthly revenue, up to a maximum of $5,000 in funding, which can offset the costs they are facing as they relaunch their businesses. This includes the costs of implementing measures to prevent the spread of COVID-19, such as physical barriers, PPE and cleaning supplies, as well as rent, employee wages, replacing inventory and more.

The program launched at the end of June with a budget of up to $200 million. Full program details, including eligibility criteria and how to apply, are outlined on the program web page. Applications will be open until March 31, 2021, unless otherwise communicated.

Quick facts

  • The Small and Medium Enterprise Relaunch Grant will be implemented in two phases:
  • Phase one: Any company that meets the 40 per cent threshold will be able to apply for the grant by end of day November 24.
  • Phase two: Companies that wish to apply for a second round of funding will be able to do so within the coming weeks. More detailed information on phase two timing will be available this week.
  • Due to technical limitations, businesses that meet new eligibility requirements and submit an application may initially receive a rejection notification as the system is updated. System updates ensure the same high level of service and quick turnaround. All eligible businesses will receive funding regardless of initial notification.
  • Thousands of Alberta businesses will be eligible to access funding due to the expanded guidelines.
  • On Nov. 13, Alberta’s government implemented additional health measures to help protect hospitals, keep schools and businesses open, and protect vulnerable Albertans.
  • All restaurants, bars, lounges and pubs in regions under enhanced status must cease liquor sales by 10 p.m. and close by 11 p.m. The restriction will remain in place until Nov. 27.
  • There is a two-week ban on indoor group fitness classes, team sport activities and group performance activities in Edmonton and surrounding areas, Calgary and surrounding areas, Grande Prairie, Fort McMurray, Red Deer and Lethbridge.
  • Additional health measures were implemented in all regions under an enhanced status. These measures will be in place until further notice:
  • Maximum attendance of 50 at wedding or funeral ceremonies.
  • It is recommended all faith-based activities limit attendance to one-third capacity per service.
  • Residents should not hold social gatherings within their homes and should not plan social gatherings outside their community.
  • It is recommended employers in office settings implement measures to reduce the number of employees in the workplace at one time.
  • All existing guidance and legal orders remain in place in all areas.