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
This grant is specifically targeted at businesses operating in and around the Village of Lytton. The eligible geographical areas are restricted to ensure support for the local economic recovery.
- Village of Lytton
- Within 15 km of the Village of Lytton
- Including on reserve areas near Lytton
grant_single|admissibleProjectsExample
$35,000
Upgrading production equipment and facilities for a local honey producer
$50,000
Purchase new kitchen equipment and renovate space for a local bakery
$40,000
Restocking supplies and restyling for a local clothing store
$60,000
Setting up a new warehouse and purchasing equipment for a local organic farm
$30,000
Acquire new computers and set up a coworking space for freelancers
$60,000
Purchase new gym equipment and renovation for a local fitness center
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and operations in the Lytton area.
- The applicant must be one of the following types of businesses: individuals/sole proprietorships, cooperatives, non-profit organizations, small- and medium-sized commercial, legally incorporated, for-profit enterprises, or Indigenous-owned businesses.
- The business must be a legal entity capable of entering into legally binding agreements.
- The business must plan to operate in the Village of Lytton or within 15 km of the Village, including on reserve.
- The business must have fewer than 500 employees.
- The business must be recognized for taxation purposes.
- The business must be prepared to start operations alongside the rebuild of the Lytton community.
grant_eligibility_criteria|who_can_apply
The Lytton Business Restart Program is open to various business types including individuals/sole proprietorships, cooperatives, non-profit organizations, small- and medium-sized legally incorporated, for-profit enterprises, and Indigenous-owned businesses. Eligibility requires that businesses operate in or near the Village of Lytton, have fewer than 500 employees, be recognized for taxation purposes, and be ready to commence operations as the community of Lytton rebuilds. Applications are evaluated on factors such as the business's viability, capability to complete the project, and its contribution to Lytton's economic recovery.
grant_eligibility_criteria|who_cannot_apply
This grant application does not explicitly outline specific companies or industries that are ineligible. The focus is on the eligibility criteria which include geographical location, employee size, and type of entity.
grant_eligibility_criteria|eligible_expenses
The Lytton Business Restart Program offers funding to businesses that support the economic rejuvenation of the Lytton community. Eligible activities under this program focus on essential business expenses and construction related to restarting and growing businesses in the affected area.
- Purchase of equipment such as machinery and computers.
- Acquisition of supplies like textiles and baking ingredients.
- Covering other business expenses including commercial space fit-up and communications.
- Basic construction costs are included but only for the Small Business Recovery stream as a repayable expense.
grant_eligibility_criteria|zone
The Lytton Business Restart Program provides funding for a variety of business-related expenses essential for restarting or revitalizing operations.
- Purchase of equipment, including machinery and computers.
- Procurement of supplies such as textiles and baking ingredients.
- Expenditure on other business needs such as commercial space fit-up and communications.
- Basic construction costs are eligible but only in the Small Business Recovery stream as a repayable expense.
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 Program Eligibility
- Ensure that your business meets the eligibility requirements for the program.
- Understand the types of costs that are eligible for funding under the program.
- Step 2: Contact PacifiCan
- Before preparing an application, contact PacifiCan at lytton@pacifican.gc.ca for a consultation.
- Discuss your business plans and potential program application during the consultation.
- Step 3: Prepare Business Plan
- Draft a comprehensive business plan which is critical for project assessment.
- Ensure the plan outlines how the business will contribute to the economic and commercial recovery of Lytton.
- Step 4: Gather Required Information
- Collect necessary documents and information that might be needed for the application.
- Step 5: Submit Application
- Follow any specific submission instructions provided by PacifiCan during the consultation.
- Submit the application along with the business plan and any other required documents.
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
Revitalizing Lytton’s Business Landscape
The Lytton Business Restart Program is a pivotal initiative aimed at supporting the re-establishment and growth of businesses in Lytton, B.C., following the tragic wildfire. By providing necessary financial aid, this program seeks to invigorate the local economy, ensuring sustainable development and community cohesion.
Unlocking New Opportunities for Business Restarts in Lytton
The Lytton Business Restart Program serves as a crucial pillar in the economic revitalization strategy for Lytton, British Columbia, offering substantial support to businesses shattered by past disasters. This carefully designed program is aimed primarily at smaller enterprises, including Indigenous-owned entities, cooperatives, non-profit organizations, and legally incorporated for-profit businesses. These businesses must be set to operate within a 15 km radius of Lytton, ensuring that the funding is directly impacting the local community.
At the core of the program’s mission is a dedication to fortifying the economic fabric of the community by supporting key sectors, categorized as core businesses such as grocery stores, pharmacies, and cafes, which are deemed critical for the daily life and economic vitality of residents. The success of this program hinges not only on restoring businesses but also on enhancing the community’s economic resilience and capability to recover sustainably from future challenges.
The financial structure of the Lytton Business Restart Program is both flexible and comprehensive, offering two main streams of funding aimed at ensuring a broad spectrum of businesses can benefit. The Rapid Restart stream provides quick financial relief with up to $20,000 in non-repayable contributions, perfect for businesses that need immediate but smaller-scale assistance. On the other hand, the Small Business Recovery stream is designed for businesses requiring more substantial investment, with availability for funding up to $1 million, taking into account both repayable and non-repayable options, particularly for those identified as indispensable to the community’s economy.
Eligible costs under this program are varied, ensuring that businesses can cover crucial expenses such as the acquisition of equipment, purchasing of supplies, or even undertaking necessary construction activities to rebuild commercial spaces. This wide range of eligible expenses underscores the program’s adaptability to meet the specific needs of different business types, while also making sure that the allocation of funds is strategic and responsive to the ground realities faced by entrepreneurs in Lytton.
Applying for the program is a structured process that starts with a mandatory consultation with PacifiCan, ensuring that applicants fully understand the program and receive personalized guidance in crafting their business plans. This requirement emphasizes the importance of preparedness and strategic planning, essential steps for securing funding and achieving successful business restart and growth.
Through its comprehensive approach, the Lytton Business Restart Program stands as a beacon of hope and opportunity for businesses, striving not just to recover from last year's devastation, but to emerge stronger and more interconnected with the community. By placing an emphasis on sustainable development and economic resilience, the program not only facilitates immediate economic recovery but also fosters a robust ecosystem for future growth in Lytton.
