Extending Relief for Alberta Businesses
In April, Alberta’s government reopened the Small and Medium Enterprise Relaunch Grant program for a new payment to businesses affected by the April 2021 public health orders. Extending the application intake enables organizations subsequently affected by the May 2021 health orders to apply for this additional COVID relief funding. The program budget remains at $350 million.
The Small and Medium Enterprise Relaunch Grant (SMERG) offers financial assistance to Alberta businesses, cooperatives and non-profit organizations with fewer than 500 employees that have faced restrictions or closures due to COVID-related public health orders, and have experienced revenue losses of at least 30 per cent.
Eligible organizations will receive a payment of up to $10,000, which follows the previous intake that provided up to $20,000. Funds can be used as business owners see fit.
READ MORE HERE
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Date
May 26, 2021
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By
Government of Alberta
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