Business Grant Opportunities

Government Grants & Opportunities

Government of Alberta
  • Enhanced COVID Business Benefit Program - Coming in April 2021. Funding to eligible small and medium business most affected by the pandemc and ongoing restrictions.  Payments to a max of $10,000 based on 15% of monthly revenue.
  • Critical Worker Benefit - One-time payment of $1,200 to eligible Albertans providing care and critical services during COVID-19. Distributed by employers to eligible employees
  • New $120M aid program announced Feb 17 for hardest hit small to medium sized businesses, grants up to $10,000.  Roll out expected in late March or April Read More
  • Small Medium Enterprise Relaunch Grant (SMERG) **Relaunched again April 2021 to include hotels, taxis & Rideshares**with Government of Alberta to help businesses recover. Eligible small-medium sized business, co-ops and non-profits that experienced revenue reduction of at least 30% as a result of COVID-19 can apply for funding up to $20,000 to they can open their doors and get Albertans back to work. *NEW in 2021: New businesses that opened between March 1 & Oct 31, 2020 can now apply.  All unregistered sole proprietors who previously applied will have their applications reviewed again with updated criteria
    • Side Hustle Program - Part of the Futurepreneur program, side hustlers may be eligible to up to $15,000 in loan financing to support the launch and growth of their side business
  • CIP Project-Based grant with Government of Alberta to provide funding to new community-based programs, initiatives, events and publications.  
  • Canada-Alberta Job Grant helps to cover training expenses for existing employees and new hires, up to $15,000 per trainee, up to 100% of training costs
  • Summary of Government Active Supports
  • Expanding child care options for working parents Alberta’s government is supporting working families across the province by allocating $9.7 million in grants for operators to create 1,500 more spaces in day homes and daycare centres, including overnight care.
Canada Revenue Agency
  • CEWS (Canada Emergency Wage Subsidy), Canada Revenue Agency, Period 5 is now open, created to assist businesses affected by COVID -19 to keep workers on their payroll or bringing back previously laid-off employees.
Other Government Grants
  • Business Scale-up and Productivity By Western Economic Diversification Canada (WD) supports high-growth businesses that are scaling up and producing innovative goods, services or technologies.  It offers free repayable funding to incorporated businesses that have operated in Western Canada for a minimum of 2 years. Preference to small and medium sized enterprises 
  • Thrive Canada Challange - Partnership to identify, promote, accelerate and invest in innovative early stage Canadian Startups creating new and alternative paths for a more efficient and sustainable global food system. Closes Nov 20, 2020
  • CEBA Loan - Canada Emergency Business Account - helping small businesses and not-for-profits access loans with some forgivable if repaid by Dec 2022.  Increased amount announced in Dec 2020.
  • Regional Relief and Recovery Fund (RRRF) -Assisting businesses and organizations across Canada to mitigate financial pressures caused by the pandemic

Other Business Grants & Opportunities

Co-op Community Spaces
  • 2021 Program to provide $1 million to projects in 3 catagories: Recreation, Urban Agriculture and Environmental Conservation.  Projects eligible for $25,000 & $50,000 Applications Feb 1 - Mar 1, 2021
Futurpreneur
  • Futurpreneur Canada supports young entrepreneurs (age 18-39) with up to $60,000 in financing, an expert business mentor for up to two years, and resources to help you plan, manage & grow your business
Business Link
  • Business Link Resiliant Recovery Program helps Alberta entrepreneurs get back on their feet and position them to mitigate the effects of future business interruptions with 4 hours of one-on-one coaching 
Canada United
Emissions Reduction Alberta
  • Energy Savings for BusinessERA announced up to $55 Million in funding for Alberta Businesses to improve efficiency and reduce emissions
Canadian Agricultural Partnership
  • Agricultural Training Support. Program to offset costs of training and safety protocols for new employees hired within the agricultural and horticultural sector. Up to $2,000 per New hire, or $250,000 per applicant.  
 County of Vermilion River Community Grants
  • CVR has numerous grants available to community groups.  See MORE HERE
 
CONTACT ECONOMIC DEVELOPMENT: 

Caroline Toppazzini
Economic Development Officer
(780) 846-2244 Economicdevelopment@county24.com

 

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