Ontario Small Business Support Grant
Starting at $10,000 for all eligible businesses, this grant will provide businesses with dollar-for-dollar funding to a maximum of $20,000 to help cover revenue decreases expected as a result of the provincewide shutdown. The business must demonstrate a revenue decline of at least 20 per cent when comparing monthly revenue in April 2019 and April 2020.
To receive the grant, a small business must:
- Be required to close or restrict services subject to the provincewide shutdown effective 12:01 a.m. on December 26
- Have fewer than 100 employees at the enterprise level
- Have experienced a minimum of 20 per cent revenue decline comparing April 2020 to April 2019
Examples of eligible businesses:
- Restaurants and bars
- Facilities for indoor sports and recreational fitness activities
- Performing arts venues and cinemas
- Day camps for children
- Ski hills
Businesses will be able to use this funding in whatever way makes the most sense to them. For example, some businesses will use the support to pay employee wages, while others will use it to maintain their inventory.
Complete information can be found at the Ontario Government Website.
Find out if your business is eligible for grants to help with the cost of personal protective equipment (PPE) and your property taxes and energy bills.
Ontario's Main Street Relief Grant: PPE support
To be eligible, your business must have two to nine employees and be in one of the following sectors:
- accommodation and food services
- repair and maintenance
- personal and laundry services
- gyms and yoga studios
What you’ll get
Eligible small businesses will get one-time grants of up to $1,000.
Property tax and energy bill rebates
Businesses that are, or were, required to shut down or significantly restrict services due to provincial public health measures can apply for rebates, provided in the form of grants, to help with their fixed costs.
Businesses struggling to pay their energy bills as a result of COVID-19 may also be eligible for the COVID-19 Energy Assistance Program for Small Business (CEAP-SB), which you can apply to through your utility provider.
More information and how to apply can be found here.