Closed
Regional Relief and Recovery Fund – Community Futures Stream
Financial support for COVID-19-affected rural businesses
Last Update: May 17, 2026
Funding available
$ 60,000
Timeline
- Receipt of requests is now closed
Location
British Columbia, Canada
Overview
This program provides loans of up to $60,000 to support small and medium-sized businesses affected by COVID-19. It covers eligible operating costs such as rent, salaries, utilities, and other fixed business expenses.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase operational productivity
- Strengthen organizational capacity
- Ensure financial sustainability
Eligible Funding
- Maximum amount : 60,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Other services (except public administration)
- Public administration
Location
- British Columbia
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Eligibility
Who is eligible?
- Small and medium-sized enterprises in rural British Columbia.
- Sole proprietorships, partnerships, corporations, social enterprises, and similar organizations.
Who is not eligible
- Businesses outside the non-metropolitan areas served by Community Futures in British Columbia.
- Businesses that already received duplicate support from another federal or provincial COVID-19 program.
- Rural businesses seeking funding through more than one of the federal COVID-19 business support programs.
Eligible expenses
- Lease payments for existing equipment and machinery.
- Wages, benefits, rent, utilities, and other fixed operating costs.
- Property taxes, bank charges, interest, office supplies, vehicle operating costs, professional fees, and monthly insurance.
Eligible geographic areas
- Non-metropolitan regions of British Columbia served by Community Futures.
Processing and Agreement
- Applications are no longer being accepted.
- Projects must remain in good standing to keep any repayment forgiveness opportunity.
- If the loan is not repaid by the deadline, it is converted into a 2-year term loan.
Additional information
- Applications are no longer being accepted.
- Businesses could only apply through one federal COVID-19 support program.
- Projects in good standing may be eligible for an extended repayment deadline.
Contacts
Frequently Asked Questions about the Regional Relief and Recovery Fund – Community Futures Stream Program
Here are answers to the most common questions about the Regional Relief and Recovery Fund – Community Futures Stream. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Regional Relief and Recovery Fund – Community Futures Stream?
This program provides loans of up to $60,000 to support small and medium-sized businesses affected by COVID-19. It covers eligible operating costs such as rent, salaries, utilities, and other fixed business expenses.
How much funding can be received?
Regional Relief and Recovery Fund – Community Futures Stream Funds up to $60,000 of admissible expenses.
Who is eligible for the Regional Relief and Recovery Fund – Community Futures Stream program?
To be eligible for the Regional Relief and Recovery Fund – Community Futures Stream program, you must:
SMEs in rural British Columbia.
Business affected by COVID-19.
Established before March 1, 2020.
Who can I contact for more information about the Regional Relief and Recovery Fund – Community Futures Stream?
You can contact Government of Canada by email at none or by phone at 1-604-289-4222.
Where is the Regional Relief and Recovery Fund – Community Futures Stream available?
The Regional Relief and Recovery Fund – Community Futures Stream program is available the province of British Columbia.
Is the Regional Relief and Recovery Fund – Community Futures Stream a grant, loan, or tax credit?
Regional Relief and Recovery Fund – Community Futures Stream is a Loans and Capital investments
Who are the financial supporters of the Regional Relief and Recovery Fund – Community Futures Stream?
Regional Relief and Recovery Fund – Community Futures Stream is funded by Government of Canada, Pacific Economic Development Canada (PacifiCan)