Announced on December 21, 2020, a new Ontario Small Business Support Grant will provide between $10,000 and $20,000 for small businesses required to close or significantly restrict services under the Province-wide Shutdown that begins on December 26, 2020. This grant will provide businesses with “dollar for dollar funding” to help small businesses with the expected revenue decline as a result of the December shutdown.
A list of eligible small businesses can be found here. Initial details regarding the grant are limited and many questions, including how to apply, are expected to be answered in January 2021.
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