The B.C. Government’s announces positive changes to the Small and Medium Sized Business Recovery Grant with an extension and a decreased to the revenue loss threshold that will allow more businesses to access the grant.
The deadline for the Small and Medium Sized Business Recovery Grant program was extended from March 31, 2021 to August 31, 2021. The threshold moved from an at least 70 percent revenue loss in March or April 2020 to a 30 percent revenue loss in any one month between March 2020 to the point of application.
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