Small Business Recovery Consulting Rebate
BC, Canada
Money for consulting projects in Northern B.C
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Retail trade
- Transportation and warehousing
- Accommodation and food services
- Other services (except public administration)
grant_single|grantors
- Northern Development Initiative Trust
grant_single|status
grant_card_status|open
grant_single_labels|preview
Receive a rebate of up to $30,000/year to cover 85% of the costs of third-party consulting projects that focus on sustaining business operations and recover business health and profitability to pre-event levels. Projects must have a minimum budget of $1,0
grant_single_labels|terms_and_conditions
This grant provides financial support to assist businesses in accessing professional consultancy services crucial for economic recovery. The funding modalities are structured to maximize assistance to qualifying businesses within specific parameters.
- A rebate of up to 85% for costs related to consulting services.
- The yearly maximum rebate amount is $30,000.
- Projects must have a minimum budget of $1,000 to qualify for reimbursement.
grant_single_labels|projects
This grant facilitates small and medium-sized businesses in adopting professional consulting services to enhance their operational capabilities and financial resilience. The eligible projects are focused on strategic and operational improvements that help businesses recover and thrive.
- Business planning and strategic planning.
- Business continuity planning and emergency response planning.
- Market development and e-commerce development.
- Business coaching.
- Human resource management.
- Operational efficiency and process improvement, including transition to digital platforms.
- Quality and safety management.
- Cash flow and financial management systems.
- Inventory management.
- Marketing strategies, brand development, and web development.
grant_single|admissibleProjectsExample
$ 19,550
Implement an internal quality and safety management system
$ 17,000
Develop a strategic business continuity plan for emergency situations
$ 23,800
Develop a strategic marketing plan to enhance brand presence
$ 25,500
Develop a comprehensive e-commerce website to expand market reach
$ 12,750
Conduct market development research for new product line
$ 21,250
Implement human resource management system to improve operational efficiency
grant_single_labels|admissibility
Small and medium-sized businesses located within the Northern Development Initiative Trust region may be eligible for this grant if they meet certain criteria.
- The business must be impacted by economic downturns or other specified events.
- The business must be incorporated or a sole proprietorship established for two or more years with annual revenues exceeding $30,000.
- The business must be actively operating with current revenue.
- The business must be privately owned.
- The business must have fewer than 500 employees.
- The business must have revenues less than $100 million.
- First Nations businesses in eligible industries are also eligible to apply.
- First Nations development corporations and community contribution companies can also apply.
grant_eligibility_criteria|who_can_apply
Small and Medium Sized Businesses located or headquartered within the Northern Development Initiative Trust (NDIT) region are eligible to apply for the Small Business Recovery (SBR) Consulting Rebate program. Applicants must meet specific business characteristics and industry requirements:- The business must be impacted by the economic downturn.- It should be either an incorporated business or a sole proprietorship established for at least two years, with more than $30,000 in annual revenues.- The business must be privately owned with less than 500 employees and revenues less than $100 million.Eligible businesses and organizations include First Nations businesses in eligible industries, First Nations development corporations, and community contribution companies.The program targets a range of industries, including but not limited to:- Accommodation- Agriculture- Aquaculture- Energy- Forestry- High Tech- Hospitality- Industrial Supply Chain- Manufacturing- Mining- Oil and Gas- Retail- Retail Services- Tourism Operators- Transportation
grant_eligibility_criteria|who_cannot_apply
There are types of companies that are not eligible for this grant. Businesses that do not meet the program's criteria such as revenue thresholds, employee limits, or industry restrictions are not eligible.
- Businesses with revenues exceeding $100 million
- Businesses with more than 500 employees
- Non-operating businesses
- Non-privately owned businesses
grant_eligibility_criteria|eligible_expenses
This grant supports small and medium-sized businesses in central and northern B.C. by reimbursing costs for consulting services aimed at improving business operations and recovery post-economic downturns or other continuity events. Eligible projects encompass a range of business development and strategic planning activities to restore business health and profitability.
- Business planning and strategic planning.
- Business continuity planning and emergency response planning.
- Market development and e-commerce development.
- Business coaching for growth and development.
- Human resource management improvement strategies.
- Operations, operational efficiency, and process improvement.
- Quality and safety management projects.
- Cash flow and financial management system enhancements.
- Inventory management optimization.
- Marketing strategies, including brand development/evolution and web development.
grant_eligibility_criteria|zone
This grant is available exclusively to businesses located within a specific region of British Columbia, as determined by the funding body. The eligible geographical area is designed to support regional economic development for recovery efforts.
- Companies must be located or headquartered within the Northern Development Initiative Trust region of British Columbia, Canada.
grant_single_labels|criteria
The Small Business Recovery Consulting Rebate program has evaluation and selection criteria. Qualified businesses must be located in the Northern Development Initiative Trust region, be impacted by economic downturns, meet specific revenue thresholds, and fall within eligible industries.
- Applicants must be located in the Northern Development Initiative Trust region.
- Businesses must be impacted by economic downturns.
- Revenue thresholds and industry eligibility criteria must be met.
- Projects must focus on sustaining business operations and recovering business health.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Review Program Guidelines
- Carefully read the program guidelines to ensure your business and project meet eligibility criteria.
- Consider the type of consulting project that aligns with the fund's objectives.
- Step 2: Project Proposal Discussion
- Contact Northern Development staff to discuss your proposed project.
- Confirm the project’s eligibility for funding.
- Step 3: Request Application Form
- Email Northern Development staff at info@northerndevelopment.bc.ca to request an application form.
- Step 4: Application Preparation
- Download the application guide from the provided resources.
- Ensure all required information and supporting documents are prepared before completing the application.
- Step 5: Complete Application Form
- Fill out the application form with detailed information about your business and the consulting project.
- Save the completed application form on your computer desktop.
- Step 6: Submit Application
- Email the completed application form and any additional required materials to Northern Development staff.
grant_single_labels|otherInfo
Here are some additional relevant details for this grant:
- Projects must focus on sustaining business operations and recovering business health and profitability to pre-event levels.
- The rebate can cover up to 85% of consulting fees, with a potential maximum yearly rebate of $30,000.
- All potential applicants are encouraged to contact Northern Development staff for detailed project discussions and eligibility verification before application.
grant_single_labels|contact
info@northerndevelopment.bc.ca
