BC Introduces Community Economic Recovery Infrastructure Program (CERIP)
The Community Economic Recovery Infrastructure Program (CERIP) provides fully-funded provincial grants to support economic resilience, tourism, heritage, and urban and rural economic development projects in communities impacted by COVID-19.
Under the Community Economic Recovery Infrastructure Program (CERIP), the Province is committing up to $90 million to support community economic resilience, tourism, heritage, and urban and rural economic development projects. Eligible applicants can receive a one-time, 100% funded provincial grant to support four key streams: community economic resilience, destination development, unique heritage infrastructure, or rural economic recovery. Applications are due by October 29, 2020.
LEARN MORE & APPLY: https://www2.gov.bc.ca/gov/content/economic-recovery/cerip
New BC Small & Medium Sized Business Recovery Grant Announced
Applications are now open for the BC Government Small and Medium-Sized Business Recovery Grant as part of BC Economic Recovery Plan, announced earlier this fall.
The Small and Medium-Sized Business Recovery Grant program will invest up to $300 million in targeted financial support for some of the hardest hit businesses in BC that employ between two and 149 BC residents and have experienced declines in revenue since March 10, 2020.
Grants of $10,000 to $30,000 are available. An additional $5,000 to $10,000 grant is available to eligible tourism-related businesses that have been hit especially hard by COVID-19.
The program runs until March 31, 2021 or until the funds are fully allocated, whichever comes first.
LEARN MORE & APPLY: https://www2.gov.bc.ca/gov/content/economic-recovery/business-recovery-grant
Community Workforce Response Grant Program, Applications Now Open
The Ministry of Advanced Education, Skills and Training has developed a new Community Workforce Response Grant program stream called the Skills Training for Economic Recovery Stream, to provide short-term skills training to people impacted by COVID-19 so they can develop the knowledge, skills and competencies for good job opportunities while the economy recovers. Funded projects are intended to help people gain job-related skills, reattach to the labour market, and prepare for current and emerging job opportunities.
This time-limited stream is now open and will close in February, based on uptake. All training must start prior to March 2021.