First announced on May 25, the Canadian Business Resilience Network Small Business Relief Fund will provide 62 grants, each worth $10,000, to Canadian businesses to help their recovery efforts during these unprecedented times. These grants from the Canadian Chamber of Commerce are made possible through the generosity of Salesforce (NYSE:CRM).
Thanks to Joanne at Bullocks Bistro, Susan at Sip and Taste Tours, Peter at Pulse Property Services, and Brendan at White Pine Bicycle Co for taking the time to share your stories with us and all Canadians. It’s innovation and determination like yours – and countless more business operators across Canada – that will allow us to get through this together.
The grants will be targeted at small, for-profit businesses that have been operating for several years and are now experiencing challenges because of COVID-19. Applications are now open on the CBRN website until June 12, 2020 at 8:00 p.m. ET.
The successful applicants will be announced in late June 2020, with the funds being transferred to the successful applicants shortly thereafter.
Applicants will be asked to tell us about the challenges their business is facing because of the COVID-19 pandemic and how being a grant recipient would help their business recover and support its resilience. Submissions will be assessed using the following criteria:
- Need: the business’s current financial situation
- Innovation: how the business will use the grant to change or innovate
- Resilience: how the change or innovation will sustain the business’s recovery and allow it to prosper
- Impact: the role the business plays in its community
During the COVID-19 crisis, the Canadian Chamber’s mission is to help as many businesses as possible stay afloat and remain open. Small business owners put everything they have into their businesses, and these grants will help give a little bit back to them. Good people coming together is how Canadians have managed this crisis, and the Canadian Chamber and Salesforce are following their lead, one business at a time.