The following is a list of resources and supports we are aware of to help you navigate through the pandemic. Please click on each link for more information about the program and how to apply.
HCDC Covid Support: Is your business continuing to face challenges as a result of the Covid pandemic restrictions? Contact us to see whether our Covid Loan Program is a fit for your business. Sara Joanu, our Loans Officer, is available by calling 705-457-3555 or email email@example.com.
Regional Relief and Recovery Fund: The Regional Relief and Recovery Fund (RRRF) has been extended and expanded in southern Ontario. The expanded parameters include increases in contribution amounts and forgivable portions. These parameters are available to new applicants and existing recipients. Applications for RRRF loans will be accepted until June 30, 2021, or until such time that the Fund is fully committed.
The Regional Opportunities Investment Tax Credit: This is a 10% refundable Corporate Income Tax credit for corporations that invest more than $50,000 to construct, renovate or acquire eligible commercial and industrial buildings in our region.
Ontario's Roadmap to Reopen - May 20, 2021: Summary of the Provinces current 3 step plan for reopening.
Ontario Tourism and Travel Small Business Grant: This grant provides one-time payments of $10,000 to $20,000 to eligible small businesses in the tourism and travel sector. Organizations that have already received the Ontario Small Business Support Grant are NOT eligible for this funding. Must have experienced a revenue loss of at least 20%. Accepting applications until June 25 2021.
Green and Inclusive Community Buildings: Infrastructure Canada is currently accepting applications for retrofits and new building projects for community buildings. The Green and Inclusive Community Buildings (GICB) program aims to build more community buildings and improve existing ones – in particular in areas with populations experiencing higher needs – while also making the buildings more energy efficient, lower carbon, more resilient, and higher performing. Applications are being accepted on an ongoing basis for projects under $3 million and until July 6, 2021 for projects from $3 million to $25 million.
Reconnect Festival and Event Program: The Ontario government is investing $20 million through the Reconnect Festival and Event Program for eligible festivals and events taking place between April 1, 2021 and March 31, 2022.
Canadian Business Resilience Network: Canadian Chamber of Commerce resource to help the business community prepare, persevere and ultimately, prosper as we collectively face the COVID-19 pandemic.
Highly Affected Sectors Credit Availability Program - HASCAP loans are for small and medium-sized businesses that have seen their revenues decrease by 50% or more due to COVID-19 and the global pandemic.