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|projects
Projects eligible for this grant include business planning, market development, business coaching, and quality and safety management. These projects aim to help businesses sustain operations and recover profitability.
- Business planning and strategic planning
- Market development and e-commerce development
- Business coaching
- Quality and safety management
grant_single|admissibleProjectsExample
$25,500
Vancouver
Develop a comprehensive e-commerce website to expand market reach.
$19,550
Toronto
Implement an internal quality and safety management system.
$17,000
Calgary
Develop a strategic business continuity plan for emergency situations.
$12,750
Montreal
Conduct market development research for new product line.
$21,250
Ottawa
Implement human resource management system to improve operational efficiency.
$23,800
Halifax
Develop a strategic marketing plan to enhance brand presence.
grant_single_labels|admissibility
The eligibility criteria for this grant program are as follows:
- All applicants must be located/headquartered within the Northern Development Initiative Trust region.
- Small and medium-sized businesses impacted by the economic downturn.
- Incorporated businesses, or sole proprietorships established for two or more years with more than $30,000 in annual revenues.
- Operating businesses with revenue.
- Privately owned businesses with less than 500 employees and revenues less than $100 million.
- First Nations businesses in eligible industries, First Nations development corporations, and Community contribution companies are also eligible.
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for the Small Business Recovery (SBR) Consulting Rebate program:
- Small and medium sized businesses impacted by the economic downturn
- Incorporated businesses, or sole proprietorships that have been established for two or more years with more than $30,000 in annual revenues
- Operating businesses with revenue
- Privately owned
- Less than 500 employees
- Revenues less than $100 million
- First Nations businesses in eligible industries
- First Nations development corporations
- Community contribution companies
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
Eligible expenses for this grant include:
- Business planning and strategic planning
- Business continuity planning and emergency response planning
- Market development and e-commerce development
- Business coaching
- Human resource management
- Operations/operational efficiency/process improvement or changes (transition to digital platforms)
- Quality and safety management
- Cash flow and financial management system
- Inventory management
- Marketing strategies, brand development/evolution and web development
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
- Contact Northern Development staff to discuss the proposed project and eligibility
- Request an application form from Northern Development staff
- Complete the application form with assistance from staff
- Submit the application for review
grant_single_labels|contact
info@northerndevelopment.bc.ca
Apply to this program
Small Business Recovery Consulting Rebate Program Summary
The Small Business Recovery Consulting Rebate Program by Northern Development Initiative Trust offers small and medium-sized businesses in central and northern British Columbia an opportunity to access financial support to recover and sustain their operations post events like economic downturns or natural disasters. The program provides rebates of up to 85% to a yearly maximum of $30,000 for consulting services aimed at enhancing business health and profitability.
Small Business Recovery Consulting Rebate Program Overview
The Small Business Recovery (SBR) Consulting Rebate program, initiated by the Northern Development Initiative Trust, is tailored to aid businesses in central and northern British Columbia that have been impacted by various economic setbacks or business continuity events. Through this program, small and medium-sized businesses, including First Nations businesses and development corporations, can receive financial assistance for engaging in consulting projects that focus on sustaining and reviving their business operations to pre-event levels.
This program targets businesses that have been adversely affected by economic downturns, natural disasters, or other events that have compromised their profitability. It aims to reduce barriers for businesses to access professional expertise by reimbursing them for contracted consulting services. Eligible businesses must be located within the Northern Development Initiative Trust region and meet criteria such as being operational for at least two years, having revenues exceeding $30,000 annually, and having less than 500 employees.
Consulting projects that qualify for rebates under this program include areas such as business planning, market development, human resource management, financial management, marketing strategies, operational efficiency, and more. By providing rebates of up to 85% with a yearly cap of $30,000, the SBR Consulting Rebate program aims to support businesses in their recovery and growth efforts.
Businesses interested in applying for this program can reach out to Northern Development staff for guidance on eligibility and the application process. The program's continuous intake frequency ensures that businesses can access support when needed, enabling them to address critical challenges and enhance their resilience in the face of economic uncertainties.
Overall, the Small Business Recovery Consulting Rebate Program plays a vital role in fostering business sustainability and promoting economic recovery in central and northern British Columbia by providing financial incentives for businesses to engage in strategic consulting projects that can drive their long-term success.
