SMALL AND MEDIUM ENTERPRISE RELAUNCH GRANT |
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The Small and Medium Entreprise Relaunch Grant offers financial assistance to Alberta businesses, cooperatives, and non-profit organizations that were ordered to close or curtail operations in December and, experienced a revenue reduction of at least 30%, as a result of the COVID-19 pandemic. 2 payments are available to eligible applicants, with up to $20,000 in available funding per eligible application. Please watch the Video to support your Application Process ~ https://youtu.be/vdX_aUOItbo
NEW - Eligibility change for New businesses that began operations between March 1 and October 31, 2020 and meet the updated 30% threshold can apply for the grant starting February 4, 2021. Do not apply before the portal has been updated on February 4 to ensure your application isn't deemed ineligible.
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COMMUNITY FUTURES
REGIONAL RELIEF AND RECOVERY FUND
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This $962-million Government of Canada fund is to support small and medium size businesses that have been negatively impacted by the COVID-19 pandemic. These businesses can now apply for loans of up to $40,000 through RRRF. As the financing terms of RRRF and Canada Emergency Business Account (CEBA) are similar, rural businesses can choose which program to apply for funding.
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Applications for the Canada Summer Jobs (CSJ) 2021 are being accepted until January 29th! View full details HERE. |
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GET YOUR BUSINESS SELLING ONLINE |
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StartUp Lloydminster, which services the Wainwright region, are very excited to bring Digital Main Street's - ShopHERE program powered by Google to our region.
ShopHERE originated in Toronto as a response to the COVID 19 crisis as it highlighted the importance of bricks and mortar stores having an online storefront to sell their goods and services.
The purpose of the program is to support small independent businesses and artists that do not have the time, skills and resources to build an online store. If this sounds like you head to startuplloyd.com/shophere to join the waitlist. Additional details will be released as they become available.
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LOCAL PROCUREMENT OPPORTUNITIES |
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In order to assist local business in gaining information on business opportunities with local municipalities, Wainwright Garrison etc., the Wainwright Economic Development Office will periodically send out business opportunities featured on merx.com and buyandsell.gc.ca that pertain particularly to Wainwright and area.
These are systems used by the Government for procurement of goods and services over $25,000.
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INNOVATION RELIEF AND RECOVERY PROGRAM |
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Alberta Innovates extended its Innovation Relief and Recovery Program (IRR) with $350,000, in an effort to help more small-to-medium-sized businesses (SMBs) affected by the COVID-19 pandemic. The program initially launched in fall 2020 with $400,000 in federal funding through Western Economic Diversification Canada (WD), part of a total $1.3 million contribution from WD to Alberta Innovates.
This new funding, provided entirely by Alberta Innovates, aims to support an additional 38 SMBs in recovery from pandemic caused disruptions. The IRR program offers tech businesses access to various technical and business supports that are not covered through other relief programs. Project activities may include product testing and refinement, manufacturing capacity improvement, customer discovery work as well as professional services such as human resources, legal, and financial required to support relief and recovery. Support for each project ranges from $5,000 up to $10,000.
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PROJECT GAZELLE WEBINARS
January 28th 11-12pm
January 28th 11:30am-1:30pm
February 2nd 10:30am-12:00pm
February 2nd 12-1pm
February 3rd 5-7pm
Begins February 4
February 4th 11:30am - 1:30pm
February 4th 7-9pm
February 10th 5-7pm
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TRAVEL ALBERTA WEBINAR
Thursday, January 28, 10:00 a.m. - 11:00 a.m.
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Join business and industry leaders to learn and share ideas in this complimentary presentation.
February 25th 9am - 12pm
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ALBERTA AGRICULTURE AND FORESTRY WEBINARS
February 16th 1-2:30pm
Alberta agriculture and agri-food companies are invited to register for this online event.
February 17th 10 - 11:30am
An overview of the retail food market including: key market drivers, market trends and the benefits and challenges of selling in this market channel.
February 24th 10 - 11:30am
This session explores the components you need to consider as you evaluate your readiness to enter into retail from production to packaging and labeling to pricing and costing and ultimately to making the pitch.
March 10th 10 - 11am
This final session wraps up the workshop series by connecting with two retail food buyers who will share their insights on successfully getting into retail.
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TOWN OFFERING 25% REBATE PROMOTION ON LOTS |
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In response to the COVID-19 pandemic and economic downturn, Town Council has approved a policy to provide a 25% rebate on all Town-owned serviced lots. This includes residential, commercial and industrial lots within the Town of Wainwright.
Council and Administration hopes this promotion will encourage construction and help local contractors and trades with employment, thereby helping to stimulate the local economy and increase the tax base.
The promotion is for a limited time only, starting on August 5th, 2020 and ending on June 1st, 2021. There are conditions on the promotion such as the lot(s) must be paid in full and the building must be fully constructed prior to receiving the 25% rebate. For full details, contact Carley Herbert or Scott Flett, Director of Planning & Development at the Town Office.
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RESOURCES FOR BUSINESSES AFFECTED BY COVID-19 |
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While every effort is made to ensure the currency, accuracy and completeness of the information provided, The Town of Wainwright (Wainwright Economic Development) is not liable for any loss, claim or demand arising directly or indirectly from any use or reliance upon the information provided. |
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