Any application data entry errors will increase processing time and applicants will not receive payment within the stated 10 business day window following submission. Be one of the following legal entities as of February 29, 2020, or October 31, 2020 (new organizations only): sole proprietor with a trade name registered under the, unregistered sole proprietor with sufficient documentation to demonstrate the existence of the organization's operations, corporation incorporated under a special act or a private act of the Alberta legislature, non-profit registered under a special act or a private act of the Alberta legislature, non-profit registered under part 9 of the, Maintain a permanent establishment (as defined in Appendix I of the. COVID-19: State of public health emergency. Story continues below . “This grant program is very much appreciated and welcomed by small- and medium-sized businesses.” Applications are now open as of 10 am on July 29, and business owners will be able to apply until either August 31 or four weeks after the start of the Relaunch Strategy’s Stage 3 — whichever is later. This advertisement has not loaded yet, but your article … The Government of Alberta has committed up to $500 million in funding for the program. Instructions to create a MADI can be found in the. Complete and submit the online application package, Mandatory measures remain in effect provincewide, International Border Testing Pilot Program, Guidance and health measures for K-12 schools, Small and Medium Enterprise Relaunch Grant, Small and Medium Enterprise Relaunch Grant program guidelines, Small and Medium Enterprise Relaunch Grant companion guide, How to fill out a new application for SMERG video, How to fill out a SMERG application for new businesses and unregistered sole proprietors video, How to apply for SMERG second payment video. Be carrying on business/operations or were eligible to carry on business/operations in Alberta on February 29, 2020 or October 31, 2020 (new organizations only). The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of public health orders, and that experienced a revenue reduction of at least 50 per cent in April and/or May 2020, due to the COVID-19 pandemic. In order to access the online application portal, you must have a My Alberta Digital ID (MADI) user account with a secure login name and password. Each applicant will receive one first payment representing 15% of one month’s worth of pre-COVID-19 revenue up to a maximum of $5,000. Corporate Access Number (CAN) or Alberta Registration Number, Financial details of pre-COVID revenue and COVID-impacted revenue, Social Insurance Number (for Sole Proprietors only), Financial Information including Branch, Transit and Account Numbers, a completed Application Form with basic information to establish eligibility, agreement to comply with the program’s terms and conditions, including audit and compliance controls, After you have submitted your application, your application will appear on the main page of the, For step-by-step instructions on how to check the status of your application, refer to the. Have experienced a reduction in revenue of at least 30% as a result of the COVID-19 public health orders. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of public health orders, and that experienced a revenue reduction of at least 30 per cent in April or May 2020, due to the COVID-19 pandemic. Up to $15,000 in funding for new organizations which began operations between March 1 and October 31 2020, including unregistered sole proprietors. Applicants who have already submitted an application for their first payment will be given the option to fill out and submit an application for the second payment. The Government of Alberta has committed $120 million in funding for the Enhanced COVID-19 Business Benefit. Mandatory measures remain in effect provincewide. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. Applicants who have not yet applied can apply for both their first and second payments using a single application. Have been ordered to temporarily close or curtail operations through a COVID-19 public health order. Be one of the following legal entities as of February 29, 2020, or October 31, 2020 (new organizations only): sole proprietor with a trade name registered under the, unregistered sole proprietor with sufficient documentation to demonstrate the existence of the organization's operations, corporation incorporated under a special act or a private act of the Alberta legislature, non-profit registered under a special act or a private act of the Alberta legislature, non-profit registered under part 9 of the, Maintain a permanent establishment (as defined in Appendix I of the. Applications with incomplete or incorrect information, or that require manual review, will experience a delay in processing and will not receive payment within 10 business days. Applicants must prove that they lost at least 50% of their business revenue in April or May 2020. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. Organizations with multiple Alberta permanent physical establishments that have seen revenue reduction are eligible to apply for funding for each establishment. Alberta government launches grant to help small businesses with relaunch, PPE costs | Globalnews.ca Starting June 29, businesses can apply for the … The program aims to process applications and issue payments within 10 business days following submission. If records or accounts are deemed inadequate to permit a determination of eligibility, repayment of the grant funding by the recipient will be required. Jobs, Economy and Innovation. Small- and medium-sized businesses, co-ops, and non-profits affected by COVID-19 can now apply for this Government of Alberta grant. If you already have a MADI, please log in with your existing credentials. Applicants will be required to demonstrate a revenue reduction of at least 30% as a result of COVID-19 public health orders. Applicants will be required to submit separate applications for each location/chapter/branch, and check the appropriate box in the application form. This amount is multiplied 3 times up to a maximum of $15,000 per business, cooperative or non-profit. Businesses, cooperatives and non-profits from all regions of the province may apply at any time until application intake for the program closes. The Alberta Small and Medium Enterprise Relaunch Grant provides financial assistance to Alberta businesses, cooperatives and non-profit organizations that have been ordered to close or curtail their operations as a result of a public health order and have experienced a revenue reduction of at least 30% in April or May 2020 due to COVID-19. Please ensure the banking information provided at the time of application is accurate to avoid payment delays. Applications must be submitted through the online application portal before application intake closure. Any audit process would encompass taking copies and extracts of the records and books of account maintained by the recipient in accordance with eligible criteria outlined in the “Eligibility criteria” section of the. Ensure you have the following critical pieces of information: You will also be required to provide the following: For detailed information on the supporting documents required, review the “Application Requirements” section of the program guidelines. The Government of Alberta has committed up to $500 million in funding for the program. Each applicant will receive one payment representing 3 times 15% of one month’s worth of revenue up to a maximum of $15,000. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. The grant is a taxable benefit and must be declared on your annual returns. Once the account has been created, use your new credentials to log in to the online application portal below. Provides an overview of the Small and Medium Enterprise Relaunch Grant, which offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of the COVID-19 pandemic. The provincial government is introducing enhancements to the Small and Medium Enterprise Relaunch Grant that could benefit many Alberta businesses. Alberta government is expanding the Small and Medium Enterprise Relaunch Grant to allow new businesses that started operating between March 1 and October 31, 2020 to apply. Starting a completely new application will result in the application being flagged by the system as a duplicate and will cause payment delays. According to the premier, the Small and Medium Enterprise Relaunch Grant provided over 50,000 businesses with $350 million in relief since June 2020, employing nearly a … The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 40%, as a result of the COVID-19 pandemic. The application for the second payment will be accessible through the online application portal as an add-on to the first submitted application. The guidelines include information on funding, eligibility criteria and how to apply. This includes scenarios where an organization has more than one location/chapter/branch that has seen revenue reduction of at least 30% due to COVID-19 public health orders. Under that expanded program , established businesses are now eligible to claim a total of up to $20,000, while those who opened after the COVID-19 pandemic hit could apply for up to $15,000. Businesses, cooperatives and non-profit organizations that were ordered to close or curtail operations as a result of public health orders issued by Alberta’s Chief Medical Officer of Health may be eligible. Not only will you receive an overview of the government support program but you will also have the opportunity to ask your questions. The announcement comes just after the province opened up another round of the Small and Medium Enterprise Relaunch grant in early February, first rolled out last June as a $5,000 installment. Creating a MyAlberta Digital ID Use Google Chrome to access the MyAlberta Digital ID (MADI) page https://account.alberta.ca/ lick “reate Account” Enter all the required information to create your account. The grant is a taxable benefit and must be declared on your annual returns. The second payment is 3 times the amount of the approved first payment, up to a maximum of $15,000. Have less than 500 employees (full time, part-time and contract combined): Seasonal businesses may use the number of employees from the year prior to when the COVID-19 public health orders were introduced, or the average number of employees over the 3 years prior to the COVID-19 public health orders introduced. The Small and Medium Enterprise Relaunch Grant offers up to $20,000 in funding for eligible businesses to help them offset a portion of their relaunch costs. Ensure you have the following critical pieces of information: You will also be required to provide the following: For detailed information on the supporting documents required, review the “Application Requirements” section of the program guidelines. The portal hosts live application forms and templates available for submission. Alberta’s government is expanding its relaunch grant to help small and medium-sized job creators impacted by new COVID-19 restrictions. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of public health orders, and that experienced a revenue reduction of at least 40 per cent in April and/or May 2020, due to the COVID-19 pandemic. For questions and to connect with Small and Medium Enterprise Support program staff: Step 2. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that faced restrictions or closures from public health orders, and experienced a revenue loss of at least 50 per cent due to the COVID-19 pandemic. If any other payments, grants or amounts were received from federal or provincial government sources or from insurance to replace or compensate for the loss of revenue (other than the sources listed above), your organization is not eligible to apply. Grant funding amounts are calculated based on 15% of the eligible organization’s monthly revenue from any month between March and October 2020. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. Existing organizations in operation as of February 29, 2020 must demonstrate a revenue reduction in April or May 2020 in comparison to April 2019, May 2019 or February 2020. New organizations that commenced operations between March 1, 2020 and October 31, 2020, must demonstrate a revenue reduction of at least 30% in November or December 2020 in comparison to any month between March and October 2020. A second payment is available to businesses, cooperatives and non-profits that were required to curtail operations as a result of new public health orders in effect from November 6, 2020 and later. Each applicant will receive one first payment representing 15% of one month’s worth of pre-COVID-19 revenue up to a maximum of $5,000. purchasing personal protective equipment and disinfecting supplies. Resubmitting an application could cause further delays. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of public health orders, and that experienced a revenue reduction of at least 50 per cent in April and/or May 2020, due to the COVID -19 pandemic. If yes, this presentation is for you. An extra $10,000 will be available to small- and medium-sized businesses in Alberta that have seen significant drops in revenue due to the COVID-19 pandemic. Applicants can choose either April or May 2020 to maximize their benefit payment. Small and Medium Enterprise Relaunch Grant | Application Companion Guide | December, 2020| 2. Source: Small and medium enterprise relaunch grant : program guidelines. The program offers the following: See. May have received payments, grants, or amounts directly from the following assistance programs: Alberta Workers’ Compensation Board premium relief, Business Credit Availability Program (BCAP), Western Diversification Regional Relief and Recovery Fund, Canada Emergency Commercial Rent Assistance (CECRA), Canada Emergency Rent Subsidy (CERS) including both base subsidy and lock-down support, Canada Emergency Response Benefit (CERB)/Canada Recovery Benefit (CRB), Canada United Small Business Relief Fund (CUSBRF), Government of Alberta Emergency Isolation Support, Government of Alberta grant relief funding for the child care sector, Government of Alberta Early Learning and Child Care pilot program.
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