Funding program update
Funding programs designed to help organizations survive during the pandemic continue to evolve or come on-stream.
The latest funding announcement was earlier today. The Province announced they were accepting applications from local governments, Indigenous communities and not-for-profit organizations for nearly $136 million in infrastructure grants to help communities develop resilience in response to Covid-19.
In partnership with the Government of Canada, the funds are being made available as part of the new COVID-19 Resilience Infrastructure Stream (CVRIS), a new stream under the Investing in Canada Infrastructure Program (ICIP).
Local governments, Indigenous communities and not-for profit organizations are encouraged to submit applications through the ICIP on the B.C. government website: www.gov.bc.ca/Investing-in-Canada-Infrastructure-Program
There are also several other funding sources for curling centres. We have provided a brief overview of current information below.
Canada Emergency Business Account
The initial maximum amount that eligible organizations could apply for was $40,000, but that has since been increased to $60,000. There was also a payroll requirement of $20,000, but if you don’t have a payroll, you may qualify for the loan under the “eligible non deferrable expenses”. If you pay the entire loan back by Dec. 31, 2022, you may be eligible for up to 50% in loan forgiveness. Deadline to apply is Dec. 31, 2020. Visit https://ceba-cuec.ca/
Canada Emergency Rent Subsidy
Qualifying renters and property owners may be eligible for up to 65% subsidy for eligible property expenses. Application is on an ongoing basis for eligible expenses for one-month periods set up in the program. Visit https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-rent-subsidy.html
Canada Emergency Wage Subsidy
The Emergency Wage Subsidy program is now available until June 2021. Visit https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy.html
Regional Relief and Recovery Fund
The Government of Canada has set aside funds that will be allocated on a regional basis. For more information visit https://www.ic.gc.ca/eic/site/icgc.nsf/eng/h_07682.html