How much funding can be received?

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|projects

This grant is available to companies that are located within a specific geographical area as determined by Northern Development Initiative Trust (NDIT). These eligible areas focus on the central and northern regions of British Columbia.

Companies based within the Northern Development Initiative Trust region.

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

The grant reimburses businesses for costs associated with professional consulting services focused on sustaining and improving business operations.

Business planning and strategic planning consulting fees.
Business continuity planning and emergency response planning consulting fees.
Market development and e-commerce development consulting fees.
Business coaching fees.
Human resource management consultancy fees.
Operations efficiency and process improvement consulting fees.
Quality and safety management consultancy fees.
Cash flow and financial management system consulting fees.
Inventory management consultancy fees.
Marketing strategies, brand development, and web development consulting fees.

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

Apply to this program

Essential Support for Business Recovery in Northern British Columbia

The Small Business Recovery (SBR) Consulting Rebate is a noteworthy initiative aimed at assisting small and medium-sized businesses in central and northern British Columbia to regain their economic stability and growth potential after challenging events. With up to 85% rebate on consulting services, this program is designed to ease the financial burden on businesses seeking professional expertise to recover and thrive.

In-Depth Look at the Small Business Recovery Consulting Rebate Program

The Small Business Recovery (SBR) Consulting Rebate is a pivotal funding program offered by Northern Development, explicitly targeted towards small and medium-sized enterprises (SMEs) in northern British Columbia. This program addresses the significant impact of economic downturns, natural disasters, and other events that disrupt business continuity in the region. By providing financial assistance that covers up to 85% of consulting service costs, capped at an annual maximum of $30,000 per business, this initiative supports businesses in multiple sectors to strategize, restructure, and revitalize their operations effectively.

This rebate program is particularly valuable as it reduces the substantive financial barrier that businesses might face when seeking expert consultancy. These consultations could involve various strategic approaches such as business planning, marketing strategies, human resource management, or transitioning business operations to digital platforms. The core objective is to empower businesses to focus on their strategies for improvement and recovery, ultimately restoring their financial health to pre-crisis levels.

Eligible businesses must be located within the Northern Development Initiative Trust region and cover a broad spectrum of industries such as accommodation, agriculture, forestry, and tech, among others. This inclusivity ensures that a wide array of businesses can leverage the consulting rebate to address their unique challenges and developmental needs. Whether the focus is on e-commerce development, strategic planning, or operational efficiencies, the rebate program facilitates access to professional insights that businesses may not otherwise afford.

For applicants, the process begins with confirming their eligibility against a set of criteria which includes being a privately owned business with less than 500 employees, headquartered within the designated region and having a minimum of two years of established operations with annual revenues exceeding $30,000. It's also inclusive of First Nations businesses and development corporations, broadening the accessibility and impact of the program.

One of the program’s strengths lies in its flexibility and adaptability to business needs. While the program intake is currently closed, businesses are encouraged to prepare for future opportunities by reviewing past success stories, understanding the program's requirements and areas of focus. Previous beneficiaries have successfully utilized these funds for strategic planning endeavors, market development ventures, and much more, illustrating the program's capacity to foster significant economic rejuvenation and resilience within the local business community.

This rebate not only supports the economic revitalization of individual businesses but enhances the overall economic fabric of northern British Columbia. By enabling small and medium-sized enterprises to access high-quality consultancy services, the program contributes to a more dynamic, resilient, and prosperous regional economy. Businesses looking to apply are encouraged to communicate directly with Northern Development staff for guidance and insight into the application process, which further underscores the program's commitment to supporting businesses with personalized assistance and resources.