PacifiCan — Lytton Business Restart Program
Lytton, BC, Canada
Apply for the Lytton Business Restart Program to revitalize your business and contribute to Lytton's economic recovery.
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Loans and Capital investments
grant_single|eligibleIndustries
- Retail trade
- Health care and social assistance
- Accommodation and food services
- Other services (except public administration)
- Public administration
grant_single|grantors
- Pacific Economic Development Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Lytton Business Restart Program aims to support the economic recovery of Lytton, B.C., by providing funding for the restart and revitalization of businesses affected by the 2021 wildfire. Eligible activities for funding include purchasing equipment, securing supplies, and covering business expenses such as commercial space fit-up and basic construction costs (in some cases). The program prioritizes core and returning businesses and offers both non-repayable and repayable contributions depending on the funding stream.
grant_single_labels|projects
Eligible costs depend on the funding stream and include a range of business expenses.
- Equipment (examples: machinery, computers)
- Supplies (examples: textiles, baking ingredients)
- Other business expenses (examples: commercial space fit-up, communications)
- Basic construction costs (only eligible in the Small Business Recovery stream and only eligible as a repayable expense)
grant_single|admissibleProjectsExample
$35,000
Lytton
Upgrading production equipment and facilities for a local honey producer
$50,000
Lytton
Purchase new kitchen equipment and renovate space for a local bakery
$40,000
Lytton
Restocking supplies and restyling for a local clothing store
$60,000
Lytton
Setting up a new warehouse and purchasing equipment for a local organic farm
$30,000
Lytton
Acquire new computers and set up a coworking space for freelancers
$60,000
Lytton
Purchase new gym equipment and renovation for a local fitness center
grant_single_labels|admissibility
The Lytton Business Restart Program is open to several types of businesses intending to operate within 15 km of the Village of Lytton and meeting specific requirements. Eligible businesses must contribute to the economic recovery of the Lytton community and be recognized for taxation purposes.
- Individuals/sole proprietorships
- Cooperatives
- Non-profit organizations
- Small- and medium-sized commercial, legally incorporated, for-profit enterprises
- Indigenous-owned businesses
- Must plan to operate in the Village of Lytton or within 15 km of the Village, including on reserve
- Have fewer than 500 employees
- Be a recognized business for taxation purposes
- Be prepared to start operations alongside the rebuild of the Lytton community
grant_eligibility_criteria|who_can_apply
Yes, there are several types of eligible companies for the Lytton Business Restart Program. The program is open to various business forms committed to contributing to the economic recovery of Lytton.
- Individuals/sole proprietorships
- Cooperatives
- Non-profit organizations
- Small- and medium-sized commercial, legally incorporated, for-profit enterprises
- Indigenous-owned businesses
grant_eligibility_criteria|eligible_expenses
Eligible costs for the Lytton Business Restart Program depend on the funding stream and include a variety of business expenses. These expenses can range from equipment and supplies to construction costs and commercial space fit-up.
- Equipment (e.g., machinery, computers)
- Supplies (e.g., textiles, baking ingredients)
- Other business expenses (e.g., commercial space fit-up, communications)
- Basic construction costs (only eligible in the Small Business Recovery stream and only as a repayable expense)
grant_eligibility_criteria|zone
Eligible businesses must operate in specific geographic zones around Lytton, B.C.
These zones include:
- The Village of Lytton
- Within 15 km of the Village of Lytton, including on reserve
grant_single_labels|criteria
Yes, the Lytton Business Restart Program has evaluation and selection criteria to assess eligible business applications.
- Viability of the business
- Capability to achieve project completion
- Contribution to the economic and commercial recovery of Lytton
grant_single_labels|register
- Step 1: Review the program eligibility requirements
- Step 2: Download the Lytton Business Restart Program information sheet
- Step 3: Reach out to PacifiCan at lytton@pacifican.gc.ca for a one-on-one consultation to discuss your business plans and potential program application
- Step 4: Prepare a business plan as it is required for each application and is critical for the project assessment
- Step 5: Submit your application, ensuring all required information is included and meets the program's eligibility criteria
grant_single_labels|otherInfo
The Lytton Business Restart Program aims to support the economic recovery of businesses in Lytton, B.C., with funding opportunities available until March 2025.
- Contact: lytton@pacifican.gc.ca
- Program funding will be prioritized for core returning businesses first, followed by other categories.
- A business plan is required for each application.
- Free business support services are available from Community Futures Sun Country and Community Futures Development Corporation of Central Interior First Nations.
- Information sheet and details can be downloaded from the related websites.
grant_single_labels|contact
lytton@pacifican.gc.ca
Apply to this program
Lytton Business Restart Program
The Lytton Business Restart Program is an initiative by the Government of Canada aimed at revitalizing the economy of Lytton, B.C. by providing funding to local businesses affected by the wildfire on June 30, 2021. Eligible businesses can apply for non-repayable and repayable contributions to support their recovery and contribute to the community's economic growth.
Understanding the Lytton Business Restart Program: A Comprehensive Guide
In response to the devastating wildfire that occurred on June 30, 2021, the Government of Canada has introduced the Lytton Business Restart Program to support the economic recovery and revival of Lytton, B.C. Recognizing the vital role local businesses play in providing employment, services, and community connection, this program aims to assist businesses in restarting operations and contributing to the restoration of the local economy.
Eligibility Requirements
To qualify for the Lytton Business Restart Program, businesses must meet specific criteria. Eligible applicants include:
- Individuals/sole proprietorships
- Cooperatives
- Non-profit organizations
- Small- and medium-sized commercial, legally incorporated, for-profit enterprises
- Indigenous-owned businesses
Additionally, eligible businesses must:
- Plan to operate in the Village of Lytton or within 15 km of the Village, including on reserve
- Have fewer than 500 employees
- Be a recognized business for taxation purposes
- Be prepared to start operations alongside the rebuild of the Lytton community
The program requires businesses to be legal entities capable of entering into legally binding agreements. Each application is assessed based on the viability of the business, capability to achieve project completion, and its contribution to the economic and commercial recovery of Lytton.
Funding Streams
The Lytton Business Restart Program offers funding through two main streams:
Rapid Restart Stream
This stream provides up to $20,000 in non-repayable contributions for returning businesses that need a small amount of funding to restart operations. It is designed to facilitate a swift resumption of business activities in the community.
Small Business Recovery Stream
The Small Business Recovery Stream caters to returning businesses seeking more than $20,000 or new businesses applying for any amount. Under this stream, businesses can receive up to a maximum of $1 million. In certain cases, non-repayable contributions may be available for businesses identified as critical to Lytton’s rebuild and longer-term economic vitality.
Funding Prioritization
Applications are prioritized in the following order:
- Core businesses – returning
- Core businesses – new
- Non-core businesses – returning
- Non-core businesses – new (Small Business Recovery Stream only)
Core businesses are defined as essential for the economic restart of the Lytton community and include grocery stores, pharmacies, restaurants, hotels, and gathering places like coffee shops.
Eligible Costs
The Lytton Business Restart Program covers a range of business expenses, varying by the funding stream. Eligible costs include:
- Equipment (e.g., machinery, computers)
- Supplies (e.g., textiles, baking ingredients)
- Other business expenses (e.g., commercial space fit-up, communications)
- Basic construction costs (eligible in the Small Business Recovery Stream as repayable expenses only)
PacifiCan, the administering body, will collaborate with each business to identify eligible project activities and costs, ensuring the total funded amount is appropriate and beneficial for the business's recovery.
Application Process
Applications for the Lytton Business Restart Program are open until March 2025. Prospective applicants must contact PacifiCan before preparing their application. Each application requires a detailed business plan, which is crucial for project assessment.
Here is a step-by-step guide to the application process:
- Review the program eligibility requirements.
- Download the Lytton Business Restart Program information sheet.
- Contact PacifiCan at lytton@pacifican.gc.ca for a one-on-one consultation to discuss business plans and the potential application.
Support and Resources
Community Futures Sun Country and Community Futures Development Corporation of Central Interior First Nations offer free business support services to assist applicants. These organizations provide valuable resources and guidance to businesses navigating the application process.
Potential applicants can find more information and support on the following websites:
- Community Futures Sun Country: www.cfsun.ca
- Community Futures Development Corporation of Central Interior First Nations: www.cfdcofcifn.com
Conclusion
The Lytton Business Restart Program is a vital initiative aimed at revitalizing the economic landscape of Lytton, B.C. By providing financial assistance and support, the program helps local businesses overcome the challenges posed by the wildfire and contributes significantly to the community's overall recovery and growth. Eligible businesses are encouraged to review the program details, prepare a strong business plan, and apply for the funding to aid their recovery efforts. With the combined efforts of PacifiCan and community support organizations, Lytton's economy is set to rebuild and thrive once again.