Changes to Business Recovery Grant Program

Changes have been made to the Province’s Small and Medium Sized Business Recovery Grant Program in an effort to support more businesses impacted by COVID-19. 

Overview of changes:

  • The Program has been extended to August 31, 2021 or until funds are fully expended, whichever comes first;
  • Businesses now only need to show a 30% revenue loss from March 2020 to time of application.  (Previously, applicants needed to show a revenue loss of 70% in March or April 2020 when compared to the same one-month period in 2019); 
  • Businesses that have applied to the Program will have their applications re-evaluated if they didn’t qualify because of the previous 70% revenue requirement;
  • Businesses that have been approved for funding are not affected by these changes; and
  • Business can now get help throughout the process from a Small Business BC vetted professional service provider. This service will now be included in the up to $2,000 in additional government funding paid to the service provider.

Please visit the program website to learn more about eligibility, the application and the recovery plan. You may also call 1-833-254-4357 or email to connect with provincial staff. 

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