TORONTO — The Ontario government has received more than 42,000 applications for the Ontario Small Business Support Grant. Businesses that have been approved can expect to receive payment within about 10 business days. During the Provincewide Shutdown all eligible small businesses facing challenges are being encouraged to apply for this financial support and receive at least $10,000 and up to $20,000.
An update on the new grant was provided today by Peter Bethlenfalvy, Minister of Finance and President of the Treasury Board, Vic Fedeli, Minister of Economic Development, Job Creation and Trade, Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction, and Lisa Thompson, Minister of Government and Consumer Services.
"There's no question that eligible small businesses need urgent relief to help them navigate this challenging period," said Minister Bethlenfalvy. "If you own an eligible small business in Ontario, I urge you to visit Ontario.ca/COVIDsupport to join tens of thousands of others to access the support that is available to help navigate COVID-19."
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