Business Resource Guide

Links to Resources for your business

RESOURCES FOR YOUR BUSINESS

There is information and links on this page to some of the resources available to your business. This information is here to provide you with quick access to some supports available to you, however there may be additional supports available to your business.

To explore more options book an appointment with Melanie our Business Recovery Advisor, so we can do a more comprehensive assessment of your needs.

INFORMATION AND LINKS TO GOVERNMENT FUNDING OPTIONS

Learn more about government supports available to your business by clicking on the list below.

NOTE:
The supports that are helping many small and medium sized businesses are listed individually.

The last item is a link to a comprehensive list.

GOVERNMENT GRANTS AND LOANS

CANADA EMERGENCY RENT SUBSIDY (CERS)

Canadian businessesnon-profit organizations, or charities who have seen a drop in revenue during the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021. (Note this has been extended, the proposed end date is now September 2021)

This subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords.

  • Organizations may make claims retroactively to September 27, 2020

  • Organizations temporarily shut down by a mandatory public health order, or have activities significantly restricted for a week or longer due to a related public health order, may be eligible for the Lockdown Support, which provides a top-up rent subsidy of 25%, in addition to the 65% subsidy

CANADA EMERGENCY WAGE SUBSIDY (CEWS)

As a Canadian employer who has seen a drop in revenue during the COVID-19 pandemic, you may be eligible for a subsidy to cover part of your employee wages.

This subsidy will enable you to re-hire workers, help prevent further job losses, and ease your business back into normal operations.

HIGHLY AFFECTED SECTORS CREDIT AVAILABILITY PROGRAM (HASCAP)

Businesses heavily impacted by COVID-19 can access guaranteed, low-interest loans of $25,000 to $1 million to cover operational cash flow needs.

These loans are for small and medium-sized businesses that have seen their revenues decrease by 50% or more as a result of COVID-19.

The Government of Canada has mandated BDC to provide a guarantee to your financial institution for 100% of the value of a new term loan, to increase your company’s ability to access new credit.

Benefit from a 4% interest rate and a repayment term of up to 10 years.

Up to a 12-month postponement of principal payments at the start of the loan.

The HASCAP Guarantee is available until December 31, 2021 (extended).

DER -3 FREE DIGITAL ADVICE

DEADLINE SEPTEMBER 30th 2021

  • Offers Kootenay small and medium sized businesses options and info on how to enter or expand into the digital economy.
  • Provides personalized advisory services and coaching, for any business in any sector, at NO COST and NO OBLIGATION.

DER3 will set you up with local Kootenay tech consultants who will:

  • ASSESS the digital needs of your business
  • RECOMMEND tech tools and solutions that will save you time and money
  • CREATE a new technology action plan
  • CONNECT you with local digital service providers for contracted solutions
  • PROVIDE guidance, tools and best practices for your digital transformation

Check out their website for more information or to apply.

PROVINCE OF BC : ECONOMIC SUPPORTS

For a comprehensive and up to date list of supports available from the government you can go to their website here.

Section

PreparedBC:
Emergency Plan for Small Businesses

This resource is designed to help small business owners plan and prepare for emergencies that could interrupt operations. Use the emergency plan template as a starting point and add to it as needed. One simple step today can make a difference in how effectively your business responds to and recovers from a disaster.

Resources Guide for Small Business Resiliency

THIS IS A COMPREHENSIVE RESOUCE GUIDE CREATED BY THE BC CHAMBER OF COMMERCE

This Resource Guide is designed as a ‘living’ resource for all BC businesses. Content addresses the full scope of workforce planning and development and related operational challenges in the context of the impacts of COVID-19 on businesses in BC. This Resource Guide is your one-stop source for information about COVID-19 health and safety, government programming, sector-specific initiatives, legal and regulatory requirements and other small business tools. It is designed to help local businesses navigate the broad mix of available resources and ensure they know how to retrieve what they need without being overwhelmed. Note that the Resource Guide concentrates primarily on resources specific to BC, with additional information from federal and other jurisdictions.

Get hands-on personalized business support to enter or expand into the digital economy, at NO COST! Melanie can help you with your application if you need help. Application deadline is September 30th 2021.
   WILDFIRE BUSINESS SUPPORT Are you a small/medium sized business affected by the 2021 wildfires and/or are you concerned about preparing for the challenges due to the ongoing wildfire risks this season? Community Futures created a website to provide resources, support, and direction to businesses who may be impacted by the 2021 wildfires; this information is updated regularly.

Business Recovery Advisor

Contact our Business Recovery Advisor