In order to access the online application portal, you must have a My Alberta Digital ID (MADI) user account with a secure login name and password. Watch the How to apply for SMERG second payment video. Small and Medium Enterprise Relaunch Grant | Application Companion Guide | December, 2020| 2. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. In addition to the previous Relaunch grant, which was available up to a maximum of $5,000, the government is now adding a new, second grant of up to $15,000—and loosening the eligibility criteria for both grants as well. The Small and Medium Enterprise Relaunch Grant offers up to $20,000 in funding for eligible businesses to help them offset a portion of their relaunch costs. In order to access the online application portal, you must have a My Alberta Digital ID (MADI) user account with a secure login name and password. Mandatory measures remain in effect provincewide. If records or accounts are deemed inadequate to permit a determination of eligibility, repayment of the grant funding by the recipient will be required. To be eligible, an Alberta business, cooperative or non-profit organization must meet all of the following criteria. The announcement comes just after the province opened up another round of the Small and Medium Enterprise Relaunch grant in early February, first rolled out last June as a $5,000 installment. See. Applications must be submitted through the online application portal before application intake closure. Jobs, Economy and Innovation. The second payment is 3 times the amount of the approved first payment, up to a maximum of $15,000. Ministry responsible. Instructions to create a MADI can be found in the. Grant funding amounts are calculated based on 15% of the eligible organization’s monthly revenue from any month between March and October 2020. Applicants can choose any month between November or December 2020 to maximize their benefit payment. Any application data entry errors will increase processing time and applicants will not receive payment within the stated 10 business day window following submission. To be eligible, an Alberta business, cooperative or non-profit organization must meet all of the following criteria. Each applicant will receive one payment representing 3 times 15% of one month’s worth of revenue up to a maximum of $15,000. See. The Enterprise Relaunch Grant offers financial assistance to businesses that faced restrictions or closures from public health orders and experienced a revenue loss of at least 50 per cent due to the COVID-19 pandemic. For questions and to connect with Small and Medium Enterprise Support program staff: Step 2. Do you have questions regarding the Small and Medium Enterprise Relaunch Grant program? The SME Relaunch Grant. This includes scenarios where an organization has more than one location/chapter/branch that has seen revenue reduction of at least 30% due to COVID-19 public health orders. The application for the second payment will be accessible through the online application portal as an add-on to the first submitted application. Approved applicants will receive funds via Electronic Fund Transfer directly into their bank account. Applications must be submitted through the online application portal before application intake closure. Grant funding amounts for the first payment are calculated based on 15% of the eligible organization’s pre-COVID-19 monthly revenue up to a maximum of $5,000 per business, cooperative or non-profit. Resubmitting an application could cause further delays. A second payment is available to businesses, cooperatives and non-profits that were required to curtail operations as a result of new public health orders in effect from November 6, 2020 and later. Please ensure the banking information provided at the time of application is accurate to avoid payment delays. Applicants will be required to submit separate applications for each location/chapter/branch, and check the appropriate box in the application form. Up to $15,000 in funding for new organizations which began operations between March 1 and October 31 2020, including unregistered sole proprietors. If you already have a MADI, please log in with your existing credentials. Advertisement. Alberta government launches grant to help small businesses with relaunch, PPE costs | Globalnews.ca Starting June 29, businesses can apply for the … The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that faced restrictions or closures from public health orders, and experienced a revenue loss of at least 50 per cent due to the COVID-19 pandemic. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. Be carrying on business/operations or were eligible to carry on business/operations in Alberta on February 29, 2020 or October 31, 2020 (new organizations only). There're no views created for this resource yet. Alberta government is expanding the Small and Medium Enterprise Relaunch Grant to allow new businesses that started operating between March 1 and October 31, 2020 to apply. The province says this makes up to 5,000 more Alberta businesses will be eligible for this funding. The applicant may be contacted by a program officer for more information to complete the review. The money is being made available through the government’s Enhanced COVID-19 Business Benefit. NEW: The Alberta government has dropped the threshold from a 40% revenue loss to 30% revenue loss due to the pandemic, and introduced a second payment through the program. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30 per cent as a result of the COVID-19 pandemic. The grant is a taxable benefit and must be declared on your annual returns. Applicants must prove that they lost at least 50% of their business revenue in April or May 2020. COVID-19: State of public health emergency. To be eligible for the second payment organizations must have been required to curtail operations by the public health orders in effect from November 6, 2020 and later. Once the account has been created, use your new credentials to log in to the online application portal below. Have less than 500 employees (full time, part-time and contract combined): Seasonal businesses may use the number of employees from the year prior to when the COVID-19 public health orders were introduced, or the average number of employees over the 3 years prior to the COVID-19 public health orders introduced. This amount is multiplied 3 times up to a maximum of $15,000 per business, cooperative or non-profit. All applications and corresponding grants are subject to a potential audit by the Government of Alberta, or their authorized representatives, upon reasonable notice to the recipient. The Enhanced COVID-19 Business Benefit succeeds the Small and Medium Enterprise Relaunch Grant on March 31 that provides businesses facing a 30 per cent decline in revenues with $20,000 as partial reimbursement. The guidelines include information on funding, eligibility criteria and how to apply. Provides an overview of the Small and Medium Enterprise Relaunch Grant, which offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of the COVID-19 pandemic. The benefit will provide funding to businesses that have experienced a revenue reduction of at least 60%. Up to $15,000 in funding for new organizations which began operations between March 1 and October 31 2020, including unregistered sole proprietors. purchasing personal protective equipment and disinfecting supplies. Up to $20,000 in funding for organizations established before February 29, 2020, including unregistered sole proprietors. Have experienced a reduction in revenue of at least 30% as a result of the COVID-19 public health orders. The benefit will replace the Small and Medium Enterprise Relaunch Grant program which provides up to $20,000 to businesses that lost 30 per cent of revenue due to the pandemic. Seasonal businesses that only operate for part of the year may use their average monthly sales revenue for the full months they were in operation during 2019. Are open or plan to reopen as public health orders are lifted through Alberta’s phased relaunch. The Alberta Small and Medium Enterprise Relaunch Grant provides financial assistance to Alberta businesses, cooperatives and non-profit organizations that have been ordered to close or curtail their operations as a result of a public health order and have experienced a revenue reduction of at least 30% in April or May 2020 due to COVID-19. Creating a MyAlberta Digital ID Use Google Chrome to access the MyAlberta Digital ID (MADI) page https://account.alberta.ca/ lick “reate Account” Enter all the required information to create your account. Be one of the following legal entities as of February 29, 2020, or October 31, 2020 (new organizations only): sole proprietor with a trade name registered under the, unregistered sole proprietor with sufficient documentation to demonstrate the existence of the organization's operations, corporation incorporated under a special act or a private act of the Alberta legislature, non-profit registered under a special act or a private act of the Alberta legislature, non-profit registered under part 9 of the, Maintain a permanent establishment (as defined in Appendix I of the. Businesses, cooperatives and non-profits can use these funds as they see fit to help offset a portion of the impact of new public health measures or their relaunch costs, such as implementing measures to minimize the risk of virus transmission, which could include: Open: Applications will remain open until March 31, 2021. The program offers the following: The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta organizations (businesses, cooperatives and non-profits) that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. Corporate Access Number (CAN) or Alberta Registration Number, Financial details of pre-COVID revenue and COVID-impacted revenue, Social Insurance Number (for Sole Proprietors only), Financial Information including Branch, Transit and Account Numbers, a completed Application Form with basic information to establish eligibility, agreement to comply with the program’s terms and conditions, including audit and compliance controls, After you have submitted your application, your application will appear on the main page of the, For step-by-step instructions on how to check the status of your application, refer to the. Applications flagged for manual review will appear on the main page of the online application portal in "Review" status. “This grant program is very much appreciated and welcomed by small- and medium-sized businesses.” Applications are now open as of 10 am on July 29, and business owners will be able to apply until either August 31 or four weeks after the start of the Relaunch Strategy’s Stage 3 — whichever is later. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of public health orders, and that experienced a revenue reduction of at least 50 per cent in April and/or May 2020, due to the COVID -19 pandemic. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 50 per cent, as a result of the COVID-19 pandemic. Any audit process would encompass taking copies and extracts of the records and books of account maintained by the recipient in accordance with eligible criteria outlined in the “Eligibility criteria” section of the. Businesses, cooperatives and non-profits from all regions of the province may apply at any time until application intake for the program closes. Additional Information. Applicants who have already submitted their application should not reapply. Mandatory measures remain in effect provincewide. Complete and submit the online application package, Mandatory measures remain in effect provincewide, International Border Testing Pilot Program, Guidance and health measures for K-12 schools, Small and Medium Enterprise Relaunch Grant, Small and Medium Enterprise Relaunch Grant program guidelines, Small and Medium Enterprise Relaunch Grant companion guide, How to fill out a new application for SMERG video, How to fill out a SMERG application for new businesses and unregistered sole proprietors video, How to apply for SMERG second payment video. The second payment is 3 times the amount of the approved first payment, up to a maximum of $15,000. Any audit process would encompass taking copies and extracts of the records and books of account maintained by the recipient in accordance with eligible criteria outlined in the “Eligibility criteria” section of the. Approved applicants will receive funds via Electronic Fund Transfer directly into their bank account. According to the premier, the Small and Medium Enterprise Relaunch Grant provided over 50,000 businesses with $350 million in relief since June 2020, employing nearly a … Seasonal businesses that only operate for part of the year may use their average monthly sales revenue for the full months they were in operation during 2019. The portal hosts live application forms and templates available for submission. 4 Small and Medium Enterprise Relaunch Grant | June 2020 Program Overview The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations as a result of public health orders, and that experienced a revenue Grant funding amounts for the first payment are calculated based on 15% of the eligible organization’s pre-COVID-19 monthly revenue up to a maximum of $5,000 per business, cooperative or non-profit. Funding for small- and medium-sized businesses, co-ops and non-profits impacted by COVID-19 to offset a portion of their costs. Applicants who have already submitted an application for their first payment will be given the option to fill out and submit an application for the second payment. Applicants will be required to demonstrate a revenue reduction of at least 30% as a result of COVID-19 public health orders. Applications are … Are open or plan to reopen as public health orders are lifted through Alberta’s phased relaunch. Small- and medium-sized businesses, co-ops, and non-profits affected by COVID-19 can now apply for this Government of Alberta grant. Grant funding amounts are calculated based on 15% of the eligible organization’s monthly revenue from any month between March and October 2020. Applicants can choose any month between November or December 2020 to maximize their benefit payment. Applicants can choose either April or May 2020 to maximize their benefit payment. Source: Small and medium enterprise relaunch grant : program guidelines. The program aims to process applications and issue payments within 10 business days following submission. Existing organizations in operation as of February 29, 2020 must demonstrate a revenue reduction in April or May 2020 in comparison to April 2019, May 2019 or February 2020. Job creators that meet the eligibility criteria of the Small and Medium Enterprise Relaunch Grant can apply for 15 per cent of their pre-COVID-19 monthly revenue, up to a maximum of $5,000 in funding, which can offset the costs they are facing as they relaunch their businesses. Apply for the Small and Medium Enterprise Relaunch Grant until March 31, 2021. Have experienced a reduction in revenue of at least 30% as a result of the COVID-19 public health orders. Once the account has been created, use your new credentials to log in to the online application portal below. purchasing personal protective equipment and disinfecting supplies. Applicants who have already submitted an application for their first payment will be given the option to fill out and submit an application for the second payment. The Small and Medium Enterprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations, and that experienced a revenue reduction of at least 40%, as a result of the COVID-19 pandemic. Be carrying on business/operations or were eligible to carry on business/operations in Alberta on February 29, 2020 or October 31, 2020 (new organizations only). Businesses, cooperatives and non-profit organizations that were ordered to close or curtail operations as a result of public health orders issued by Alberta’s Chief Medical Officer of Health may be eligible. Up to $20,000 in funding for organizations established before February 29, 2020, including unregistered sole proprietors. COVID-19: State of public health emergency. This amount is multiplied 3 times up to a maximum of $15,000 per business, cooperative or non-profit. Watch the How to apply for SMERG second payment video. The provincial government is introducing enhancements to the Small and Medium Enterprise Relaunch Grant that could benefit many Alberta businesses. Under that expanded program , established businesses are now eligible to claim a total of up to $20,000, while those who opened after the COVID-19 pandemic hit could apply for up to $15,000. Businesses, cooperatives and non-profit organizations that were ordered to close or curtail operations as a result of public health orders issued by Alberta’s Chief Medical Officer of Health may be eligible. Starting a completely new application will result in the application being flagged by the system as a duplicate and will cause payment delays. Applicants can choose either April or May 2020 to maximize their benefit payment. Have been ordered to temporarily close or curtail operations through a COVID-19 public health order.
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