Up to $5.000 grants for Nova Scotia SMBs impacted by the COVID-19 pandemic

Government of Nova Scotia - Small Business Impact Grant

Type of Funding

Grant

Max Funding

5,000.00

Region

Provincial

Application Difficuty

Average

Processing Time

Medium (A few weeks)

Province

Nova Scotia

Industry

Other.

Funding Goals

Working capital.
COVID-19 Help.

Demographic

N/A

Incorporated

No

Contact

1-833-784-4397

Get A Fast Business Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

Details

Flexible grants for Nova Scotia companies forced to close or substantively curtail their operations due to the COVID-19 coronavirus disease. Grant is equal to 15% of revenue from sales, either from April 2019 or February 2020, up to a maximum of $5,000.

Eligibility

Small businesses, non-profits, or charities ordered to close or substantively reduce operations because of the COVID-19 Health Protection Act Order can access the grant. These businesses include:
restaurants with on-site dining
drinking establishments (including bars, winery and distillery tasting rooms and craft taprooms)
personal care services (including hair salons, barber shops, spas, nail salons, and body art establishments)
fitness establishments (including gyms, yoga and Pilates studios, and rock climbing establishments)
veterinarians
unregulated health professionals (including massage therapists, acupuncturists, naturopathic doctors, Chinese medicine practitioners, other complementary and alternative medicine practitioners, and podiatrists)
self-regulated health professionals (including audiologists, chiropractors, and physiotherapists)—certain self-regulated health professionals are ineligible: physicians, pharmacists, nurse practitioners, nurses, dentists, and paramedics
live performing arts for audiences (including live theatre and musical performances)
in-person trade shows and exhibitions

Your business must also:
have an anticipated revenue loss for April 2020 of 30% or more
have been established on before March 15, 2020—if you’re within 15 days of earning your first sales revenue on March 15, you should still apply, as we may be able to help
be a sole proprietorship, partnership, corporation, society, social enterprise, not-for-profit, charity in business, or other similar organization—if your business is incorporated, it must pay the small business corporate tax rate on income taxes

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