Through the Ontario Small Business Support Grant, the government has provided more than $1 billion in direct support to help eligible business owners affected by the COVID-19 restrictions. The grant provides a minimum of $10,000 to a maximum of $20,000 and can be used in whatever way makes the most sense for individual businesses; from paying employee wages, to offsetting the cost of rent, to purchasing inventory.
More than 78,000 Ontario Small Business Support Grant applications from small businesses across the province have been processed, representing more than $1 billion in support. Upon approval, successful applicants will receive payment within 10 days. Applications are still open until March 31, 2021 and a detailed step-by-step instructional video on the application portal is available to help guide applicants through the process.
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