Business and Operations
Grant program open for N.S. businesses impacted by latest restrictions
January 11, 2022 By Bakers Journal
Halifax – Nova Scotia businesses impacted by the latest public health restrictions in Nova Scotia can now apply for support through the Sector Impact Support Program.
The Sector Impact Support Program will provide a one-time grant of up to $7,500 to help small business owners in industries such as restaurants, bars, gyms, live performing arts facilities and recreation facilities.
“With the rise in positive cases and the threat of the Omicron variant, we know these public health restrictions are necessary to help keep Nova Scotians safe,” said Premier Tim Houston. “But we also know these restrictions will have a significant impact on many businesses during what would typically be a busy time of year. That’s why we need to support our business sector and position ourselves for recovery as quickly as possible.”
The program will be funded through the Nova Scotia COVID-19 Response Council. It is expected to cost about $10 million depending on participation.
Applications open in early January. Eligible businesses can receive the following amounts based on November 2021 gross payroll costs:
- payroll costs between $1,000 and $15,000 – grant of $2,500
- payroll costs between $15,001 and $25,000 – grant of $5,000
- payroll costs between $25,001 or more – grant of $7,500
For more information, visit https://novascotia.ca/coronavirus/sector-impact-support-program/
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