Province expands grant program for small businesses

·1 min read

The province is expanding a popular program aimed at helping small businesses develop their web presence and e-commerce, allocating a large segment of the funding to businesses operating outside of Vancouver and Victoria.

Originally launched in February, The Launch Online Grant program provides funding to B.C. businesses to create an online shop, an online booking system or improve their existing online operations.

Last week, Premier John Horgan and Ravi Kahlon, minister of jobs, economic recovery and innovation, announced that the province will allocate an additional $30 million towards the popular program.

The grant will pay for up to 75 per cent of eligible expenses, up to a maximum of $7,500 per business.

Up to 30 per cent of the funds being set aside are being reserved for Black, Indigenous and People of Colour owned businesses and businesses operating outside of the Lower Mainland and Greater Victoria.

The province originally invested $12 million into the program. This new round of funding will help an estimated 4,000 additional businesses businesses.

To learn more and apply for the funding you can check out this link.

Joel Barde, Local Journalism Initiative Reporter, Sun Peaks Independent News Inc.