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Cornwall Ontario – Applications are open for the new Ontario Small Business Support Grant, which helps small businesses that were required to close indoor services under the Province’s modified Step Two restrictions.

Starting at $10,000 for all eligible businesses, the grant provides businesses with funding to help cover decreased revenue expected as a result of the Provincewide restrictions.

The business must demonstrate they experienced a revenue decline of at least 20 per cent, must have closed indoor operation as a result of the modified Step Two restrictions, and began operating prior to 2022. Businesses must also not have received the Ontario Tourism and Travel Small business Support Grant or Ontario Business Support Grant

Businesses will be able to use the support in whatever way makes the most sense for them. For example, some businesses could use the support to pay employee wages, while others may need support maintaining their inventory.


Eligibility

To receive the grant, a eligible small business must:

  • Have been required to close due to public health orders that took effect 12:01 a.m. on January 5, 2022
  • Have 99 or fewer employees as of December 31, 2021
  • Be an active business as of January 14, 2022

Newly established and newly eligible small businesses will need to apply through the application portal.

The Ontario Small Business Relief Grant Application Guide provides additional information about applying for the grant.


What Happens After You Apply?

It will take about 20 business days for processing and for the Province to get back to you regarding your application.

Note: Only business bank accounts will be accepted (no personal bank accounts).


Other Support Programs

In addition to the Ontario Small Business Support Grant, businesses can use the following page to check and apply online for funding from other Provincial programs.

More Supports

Post Author: Adam Gibeau