Burnaby businesses now have another avenue to seek support as they recover from the impacts of COVID-19.
The Burnaby Board of Trade has announced its "Local Business Support Grant" to provide up to $5,000 to assist with recovery and preparing for the post-pandemic business landscape.
“As our business community looks to move past the pandemic, we want to ensure they have the tools they need to both get through the next few months and then position themselves for success moving forward," said Paul Holden, president and CEO of the Burnaby Board of Trade, in a statement.
The Burnaby Board of Trade will directly fund and administer the grants. They will be offered through the Centre for Burnaby Business Recovery and Resilience, which is the hub for all Burnaby Board of Trade programming involving COVID-19.
Grants will be available across the following four category areas:
- Essential Equipment or Physical Improvements
- Grants of up to $5,000 to help fund the purchase of equipment for use by the business, for new business software or digital activities, or for physical improvements to the business/workplace to facilitate growth and operations
- Professional Development Courses and Training
- Grants of up to $1,500 to help fund professional development training, certification or training for business owners or employees
- Business Education
- Grants of up to $3,000 to help fund enrolment in formal business education courses or curricula at local post-secondary institutions
- Essential Community Programming
- Grants of up to $3,000 to help fund the delivery of essential community programming by applicant non-profit organizations only
