Business Funding Opportunities
Here are some regional funding opportunities for businesses to pivot their products and services in response to COVID-19, enhance their digital footprint, start an on-line store, or to assist with regular operations and succession planning:
In order to support the local economy in these times, Saugeen Economic Development Corporation (SEDC) is once again offering local SMEs COVID-19 financial help through the Regional Relief and Recovery Fund (RRRF). The RRRF offers support to SMEs that cannot access programs including the Canada Emergency Wage Subsidy or the Canada Emergency Business Account. Support is also available for businesses that have already accessed COVID-19 relief measures and continue to experience hardship. This fund helps to mitigate the financial pressures experienced by businesses to allow them to continue operation, including paying their employees. It also supports businesses and communities to prepare now for a successful recovery.
COVID-19 Recovery Funds Still Available!
RTO7 is providing support to its tourism operators in BruceGreySimcoe through its COVID-19 Recovery Plan. Click on the links below to learn more & to apply:
Ontario's Main Street Relief Grant: PPE support
We are helping small businesses with the unexpected costs of PPE.
To be eligible, your business must have two to nine employees and be in one of the following sectors:
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 were required to shut down or significantly restrict services due to provincial public health measures (in areas with modified Stage 2 restrictions or categorized as control or lockdown) can apply for rebates, provided in the form of grants, to help with their fixed costs.
Support is available for businesses that were required to close or significantly restrict services as a result of provincial modified Stage 2 public health measures announced on October 9, 2020. Going forward, areas categorized as control or lockdown qualify.
Types of businesses that are eligible for support include:
Thinking of retiring or selling your business?
Request a Coupon Code! SuccessionMatching.com is an online community of business buyers, sellers, and succession planning professionals. Saugeen Connects has partnered to provide our business community with a complimentary coupon code to begin their succession plan: Match with the perfect business buyer of seller using Succession Matching's unique compatibility algorithm; Simple and easy to use privacy settings to help you control who sees your information; Owners can sell their business and farms commission free.
Contact April Marshall, Economic Development Manager, Town of Hanover 519-364-2780 x 1253 or email firstname.lastname@example.org
WHAT IS DIGITAL MAIN STREET?
Digital Main Street is a program and service that helps main street businesses achieve digital transformation. The program is built around an online learning platform, structured training programs, and provides support with the use of a Digital Service Squad.
The Digital Transformation Grant Program provides Digital Transformation training and guidance and provide the opportunity for main street businesses to apply for a grant of up to $2,500. Sign up to receive information on the grant program.
ShopHERE provides businesses a quick, easy and no-cost way to get selling online right away.
The ShopHEREprogram offers independent small businesses (with a location or home-based) and artists the opportunity to get a cost-free online store.
Learn more about the ShopHERE https://digitalmainstreet.ca/shophere/