Ontario Small Business Support Grant
Applications are open for the new Ontario Small Business Support Grant, which helps small businesses that are required to close or significantly restrict services under the Province-wide Shutdown effective December 26, 2020.
What will you get?
Starting at $10,000 for all eligible businesses, the grant provides businesses with funding to a maximum of $20,000 to help cover decreased revenue expected as a result of the Province wide Shutdown.
The business must demonstrate they experienced a revenue decline of at least 20 per cent when comparing monthly revenue in April 2019 and April 2020. This time period was selected because it reflects the impact of the public health measures in spring 2020, and as such provides a representation of the possible impact of these latest measures on small businesses.
New businesses established since April 2019 are also eligible provided they meet the other eligibility criteria.
Businesses will be able to use the support in whatever way makes the most sense for them. For example, some businesses could use the support to pay employee wages, while others may need support maintaining their inventory.
What is the eligibility criteria?
To receive the grant, a small business must:
- be required to close or restrict services subject to the Province wide Shutdown effective 12:01 a.m. on December 26
- have fewer than 100 employees at the enterprise level
- have experienced a minimum of 20 per cent revenue decline comparing April 2020 to April 2019 revenues. New businesses established since April 2019 are also eligible provided they meet the other eligibility criteria
Businesses that are not eligible include those that were already required to close prior to the introduction of modified Stage 2 measures on October 10, 2020, and essential business permitted to operate with capacity restrictions (e.g., discount and big box stores selling groceries, supermarkets, grocery stores, convenience stores, pharmacies, and beer, wine and liquor stores).
Small businesses not in operation in April 2019 or April 2020 will be able to select alternative months for comparing revenue decline through the application portal.
Businesses will have to have a business number in order to be eligible. If a business does not have a business number, they will be directed to apply for a business number before they can proceed with their application.
They also need to have information about the revenue decline and number of employees available and would have to attest to the information provided in their application.
Eligible businesses can expect to receive payment about 10 business days after their application is reviewed and approved. Eligible businesses that submit applications with incomplete or incorrect information, or that require additional review, may experience a delay in payment.
List of Eligible Businesses
The following businesses are required to close or significantly restrict services due to the Province wide Shutdown. Only businesses from the following list are eligible to apply for funding under this program:
- Before- and after- school programs
- Cannabis retail stores
- Cell phone and computer providers & repairs
- Community centres and multi-purpose facilities
- Conference centres and convention centres
- Day camps for children
- Domestic services
- Drive-in cinemas
- Driving instruction
- Facilities for indoor sports and recreational fitness activities (including fitness centres and gyms)
- Garden centres
- Hardware stores (including Big Box stores) required to close for in-person shopping
- In person teaching and instruction
- Media industries including film and television production (excluding radio/television broadcasting)
- Meeting or event space
- Museums, galleries, aquariums, zoos, science centres, landmarks, historic sites, botanical gardens and similar attraction
- Outdoor markets (excluding grocery)
- Outdoor sports and recreation facilities
- Performing arts and cinemas
- Personal care services relating to the hair or body (excluding oxygen bars)
- Personal services
- Pet/animal food and services
- Photography services
- Racing venues, casinos, bingo halls and gaming establishments
- Rental and leasing services (including automobile, commercial and light industrial machinery and equipment rental)
- Restaurants and bars
- Retail required to close for in-person shopping
- Safety, medical and assistive devices retail (excluding pharmacies)
- Shopping malls
- Ski hills
- Tour and guide services
- Vehicle and equipment repair services
- Veterinary services
Businesses that are not eligible include those that were already required to close prior to the introduction of modified Stage 2 provincial public health measures on October 10, 2020, and essential business permitted to operate with capacity restrictions (e.g., discount and big box stores selling groceries, supermarkets, grocery stores, convenience stores, pharmacies, and beer, wine and liquor stores).
Businesses owned by the federal, provincial, or a municipal government, or by a person holding federal or provincial office are also ineligible for this grant.