LOCAL GRANTS AND INCENTIVES
The E-Commerce Support Grant from the City of Fort Saskatchewan is now open and accepting applications! Businesses can apply for up to $1000 to improve their online presence and facilitate E-Commerce. For more information, visit HERE.
To further support businesses, the City is modifying the existing business support incentives. Purchasing PPE and/or cleaning supplies are now eligible expenses under the Equipment & Technology Incentive. Also, eligible expenses under the Small Business Marketing Incentive have been expanded to include advertising and promotional activities.
For further information on the E-Commerce Support Grant or other Small Business Incentives contact ecdev@fortsask.ca.
PROVINCIAL & FEDERAL GRANTS AND INCENTIVES
Innovation Employment Grant Coming Soon!
The Innovation Employment Grant will encourage economic growth by supporting small and medium-sized businesses that invest in research and development (R&D) with a grant worth up to 20% of qualifying expenditures. The program is currently under development and is expected to launch January 1, 2021, as part of Alberta’s Recovery Plan. Supporting legislation will be introduced in the fall of 2020. Click here for more info:
https://www.alberta.ca/innovation-employment-grant.aspx
Small and Medium Enterprise Relaunch Grant (up to $5000!)
Application intake for the program opened on June 29, 2020, and will remain open until August 31st or four weeks following the start of Phase 3 of Alberta’s Relaunch Strategy, whichever is later. 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. Applicants will be required to demonstrate a revenue reduction of at least 50 per cent in April and/or May 2020 as a result of public health orders. Click here for more info:
https://www.alberta.ca/sme-relaunch-grant.aspx
CanExport for Businesses (SMEs) Looking to grow your business globally? Apply online for up to $75,000 in CanExport SMEs funding to cover up to 75% of your international market development activities. Canadian small and medium-sized enterprises (SMEs) may choose up to (5) export markets to target, where your company has no or minimal business. We are committed to provide a decision within 60 business days. Click here for more info:
https://www.tradecommissioner.gc.ca/tcs-sdc/funding-financement/canexport/sme-pme/index.aspx?lang=eng
