Alberta premier Jason Kenney, right and Doug Schweitzer, Minister of Justice and Solicitor General, provide details about Bill 13, the Alberta Senate Election Act., in Edmonton Alta, on Wednesday June 26, 2019. THE CANADIAN PRESS/Jason Franson

Alberta premier Jason Kenney, right and Doug Schweitzer, Minister of Justice and Solicitor General, provide details about Bill 13, the Alberta Senate Election Act., in Edmonton Alta, on Wednesday June 26, 2019. THE CANADIAN PRESS/Jason Franson

Minister Doug Schweitzer talks on Enhanced COVID-19 Business Benefit

Provincial government rolling out new benefit this April to better help small businesses.

The Government of Alberta is rolling out a new business benefit this April to better help small businesses. Currently the provincial government has the Small and Medium Enterprise Relaunch Grant.

The Government of Alberta committed up to $500 million in funding for the Small and Medium Relaunch Grant which provides funding to organizations that saw a revenue decrease of at least 30 per cent due to the pandemic. Applications for the Small and Medium Relaunch Grant will close at the end of March.

Alberta Minister of Jobs, Economy and Innovation Doug Schweitzer says that since the Relaunch Grant opened approximately 50,000 businesses across Alberta have applied and $53 million was spent in funding.

Schweitzer says the difference between the Relaunch Grant and the Enhanced COVID-19 Benefit is that the “Relaunch Grant was a much larger net.” The new program will narrow down the government’s focus on small and medium businesses that have been hit hardest by the pandemic. He explains that the Enhanced COVID-19 Business Benefit will provide payments of up to $10,000 to eligible small and medium businesses that have experienced a revenue reduction of at least 60 per cent. Payments will be calculated based on 15 per cent of the eligible businesses monthly revenue.

“Now that we have our roadmap to re-opening, it’s clear some businesses are going to need more support,” says Schweitzer. “This new program will start in early April.”

Schweitzer says that the provincial government believes approximately 10,000 to 15,000 eligible businesses will apply based on the data they have from previous grants.

“We really wanted to identify gaps in supports and help small businesses,” says Schweitzer. “We believe this will be very helpful for small businesses to keep the lights on and get to the other side.”

More details on both the Small and Medium Business Relaunch Grant and the Enhanced COVID-19 Business Benefit can be found at Alberta Biz Connect.



shaela.dansereau@pipestoneflyer.ca

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A health care worker prepares to test a Coastal GasLink field worker for COVID-19. (Coastal GasLink photo)
Alberta bill would protect health workers, care homes from some COVID-19 lawsuits

The bill proposes exempting a range of workers, including doctors, pharmacists and care-home operators from being sued over COVID-19 – unless for gross negligence

pic
Main Street construction to commence on May 1st

The project will include new concrete sidewalks, enhanced bulbing features, and watermain replacements

Nineteen-year-old Amanda enjoys a ride during a visit to Spirit’s Respite Ranch near Stettler. photo submitted
Busy days at Spirit’s Respite Ranch near Stettler

The ranch, which launched operations last summer, provides support through animal interaction

Alberta chief medical officer of health Dr. Deena Hinshaw said on Thursday that the province has seen its first case of the B.1.617 variant. (Photography by Chris Schwarz/Government of Alberta)
Red Deer nears record number of active COVID-19 cases

Alberta reports 1,857 new cases of COVID-19, 1,326 new variants

People line up outside an immunization clinic to get their Oxford-AstraZeneca COVID-19 vaccine in Edmonton, Tuesday, April 20, 2021. THE CANADIAN PRESS/Jason Franson
Alberta passes bill to give all workers paid leave to get COVID-19 vaccine shot

Labour Minister Jason Copping says Bill 71 will reduce barriers for Alberta workers to get vaccinated

A nurse gets a swab ready to perform a test on a patient at a drive-in COVID-19 clinic in Montreal, on Wednesday, October 21, 2020. THE CANADIAN PRESS/Paul Chiasson
Alberta reports first case of another new variant as daily COVID-19 cases rise

Hinshaw says it was brought to Alberta by an interprovincial traveller

Steam billows from the Sheerness coal-fired generating station near Hanna, Alta., Tuesday, Dec. 13, 2016.THE CANADIAN PRESS/Jeff McIntosh
Alberta didn’t consider impact of mountain coal mining on tourism: official

Justin Brattinga, spokesman for current minister Doug Schweitzer, said the tourism strategy is being completely revised

Alberta auditor general Doug Wylie speaks at a news conference in Edmonton on Friday, Oct. 4, 2019. THE CANADIAN PRESS/Jason Franson
Alberta auditor general finds CT and MRI tests confused, antiquated

In 2018-19, Alberta performed 647,000 combined MRI and CT exams at a cost of more than $170 million

pic
Main Street construction to commence on May 1st

The project will include new concrete sidewalks, enhanced bulbing features, and watermain replacements

Journal de Montreal is seen in Montreal, on Thursday, April 22, 2021. The daily newspaper uses a file picture of Prime Minister Justin Trudeau dressed in traditional Indian clothing during his trip to India to illustrate a story on the Indian variant of the coronavirus. Paul Chiasson/The Canadian Press
Montreal newspaper blasted for front-page photo of Trudeau in India

Trudeau is wearing traditional Indian clothes and holding his hands together in prayer beside a caption that reads, ‘The Indian variant has arrived’

Education Minister Adriana LaGrange was in Red Deer on Friday to provide an update on the province's COVID-19 response in schools.
Photo by PAUL COWLEY/Advocate staff
Alberta government aiming to boost financial literacy among students

Government providing grants to organizations who will help design financial literacy programming

President Joe Biden holds a virtual bilateral meeting with Canadian Prime Minister Justin Trudeau. (AP Photo/Evan Vucci)
U.S. to help Canada with more COVID-19 vaccine supply, Biden says

The U.S. has already provided Canada with about 1.5 million doses of the AstraZeneca vaccine

In this image from video, former Minneapolis police Officer Derek Chauvin, center, is taken into custody as his attorney, Eric Nelson, left, looks on, after the verdicts were read at Chauvin’s trial for the 2020 death of George Floyd, Tuesday, April 20, 2021, at the Hennepin County Courthouse in Minneapolis, Minn. THE CANADIAN PRESS/Court TV via AP, Pool
George Floyd’s death was ‘wake-up call’ about systemic racism: Trudeau

Derek Chauvin was found guilty Tuesday on all three charges against him

Most Read