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Disaster Financial Assistance Program — Small Business - NS - Canada

Disaster Financial Assistance Program — Small Business

Last Update: January 24, 2025
NS, Canada
Funding for Nova Scotia wildfire damage to small businesses

Disaster Financial Assistance Program — Small Business at a glance

Eligible Funding
  • Max. $200,000
Timeline
  • Open Date : October 3, 2023
  • Closing date : January 31, 2024
Financing Type
Grant and Funding
Eligible Industries
  • All industries
Grant Providers
  • Government of Nova Scotia
Status
Closed

Overview of the Disaster Financial Assistance Program — Small Business program

If you are a small business, you can gain access to financial assistance to cover costs related to repairing and replacing uninsurable, essential basic property loss due to the spring 2023 wildfires.

Financing terms and conditions

This grant provides financial assistance modalities that cover the repair and replacement of uninsurable essential property losses.
  • Financial assistance of up to $200,000 for repair and replacement costs.

Eligible projects & activities

This grant focuses on assisting businesses with uninsurable, essential basic property losses due to the spring 2023 wildfires. The activities eligible for funding are primarily related to repairing and replacing essential assets.
  • Repairs of essential property such as buildings damaged by wildfires.
  • Replacement of uninsurable items including basic appliances and furniture lost in the disaster.
Examples of admissible projects:

$ 40,000

Repairing and replacing uninsurable school equipment and property

$ 50,000

Replacing uninsurable items in a local art gallery damaged by wildfires

$ 35,000

Repairing uninsurable damage to a small family restaurant due to wildfires

$ 45,000

Replacing uninsurable essential property for a local bakery

$ 80,000

Rebuilding uninsurable essential infrastructure for a construction cooperative

$ 55,000

Replacing uninsurable lost furniture and appliances for a community center

Eligibility criteria of the Disaster Financial Assistance Program — Small Business program

Eligibility for this grant requires meeting several specific criteria related to the organization and the nature of the damage incurred.
  • The non-profit must have experienced damage during the wildfires in Halifax Regional Municipality, Shelburne County, and Yarmouth County between 27 May and 11 June 2023.
  • The organization must not have insurance to cover the entire loss.
  • The organization must own the affected property.
  • The organization must operate as a non-profit.
  • The organization must operate a facility in the community's interest with unrestricted public access.

Who is eligible?

Non-profit organizations that have experienced damage or loss due to the spring 2023 wildfires, lack sufficient insurance to cover the losses, and own property that serves community interests with unrestricted public access in specific regions.

Who is not eligible

There are no specified companies or industries explicitly excluded from this grant. The eligibility is outlined for non-profits, but restrictions regarding specific types of companies or industries are not mentioned.

Eligible expenses

The Disaster Financial Assistance Program aids non-profits in addressing property loss due to the spring 2023 wildfires. The focus is on non-insurable essential property recovery and damage repair.
  • Repair of uninsurable essential property damaged by the wildfires.
  • Replacement of uninsurable essential property lost due to the wildfires.

Eligible geographic areas

This grant is available to organizations and businesses affected by the spring 2023 wildfires in select areas. Eligible locations are specified based on the geographical impact of these wildfires.
  • Halifax Regional Municipality
  • Shelburne County
  • Yarmouth County

Eligibility criteria of the Disaster Financial Assistance Program — Small Business program

There are evaluation and selection criteria for this grant. The key factors considered in the evaluation process include:
  • Evidence of damage during the specified wildfires in designated regions
  • Lack of insurance coverage for the entire loss
  • Status as a non-profit organization with public access facility
  • Ownership of the property by the organization

How to apply to the Disaster Financial Assistance Program — Small Business program

1
Gather Necessary Information
  • Ensure you have the name of your insurance company, policy number, and your agent’s contact details.
  • Take photos of the damage and locate any existing "before" photos, if available.
  • Prepare an itemized description of damage or loss, along with replacement cost estimates.
  • Obtain a copy of your articles of incorporation.
  • Gather the organization’s latest annual financial statements.
  • If applicable, find a copy of your rental agreement.
  • Have an authorized representative of your organization ready to sign the forms.
  • Coordinate with an authorized representative of your insurance company to complete and sign the Confirmation of Insurance Form.
2
Complete Application Forms
  • Fill out the Disaster Assistance for Non-profits Application Form.
  • Complete the Confirmation of Insurance Form.
3
Compile Supporting Documents
  • Review the application form to check all required supporting documents are ready.
  • Ensure all necessary paperwork is well-organized and complete.
4
Submit Application
Mail your completed application form along with all supporting documents to the appropriate address as indicated in the application instructions.

Additional information

Here are additional relevant details for this grant:
  • Applications for financial assistance must be submitted by 31 January 2024.
  • The program assists in covering up to $200,000 for eligible repair and replacement costs.
  • Insurance coverage information, including details of the insurance company, policy number, and agent, must be provided.
  • Photographic evidence of the damage and any previous condition images should be included in the application.
  • An itemized description of the damage or loss and replacement costs must be prepared.
  • A copy of the articles of incorporation and the organization's latest annual financial statements is required.
  • If applicable, a rental agreement for the property should be included.
  • An authorized representative from both the organization and the insurance company must be available to sign relevant forms.
  • 211 Nova Scotia can provide support with the application process, including identifying necessary documents.

Apply to this program

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