Application Intake for the Small and Medium Enterprise Launch Spring 2021 Payment opens April 23, 2021 Deadline May 31, 2021
The Small and Medium Enterprise Relaunch Grant (SMERG) offers financial assistance to Alberta businesses, cooperatives and non-profit organizations with fewer than 500 employees that have faced restrictions or closures due to COVID-related public health orders, and have experienced revenue losses of at least 30 per cent. Hotels, taxis and ride-sharing services are also now eligible for this payment.
Eligible organizations will receive a payment of up to $10,000, which follows the previous intake that provided up to $20,000. Funds can be used to:
- Cover costs of items that help prevent the spread of COVID-19, such as personal protective equipment and cleaning supplies.
- Pay rent, employee wages or replace inventory.
- Help businesses expand their online presence or e-commerce opportunities so that they can continue to serve customers.
Application intake for the program is open until May 31 with a budget of $350 million.
Alberta’s government is responding to the COVID-19 pandemic by protecting lives and livelihoods with precise measures to bend the curve, sustain small businesses and protect Alberta’s health-care system… Read Full Alberta Government Release