Motels

British Columbia Business Assistance Grant increased to $ 125 million, extended to hotels and motels


The province is adding $ 75 million in new money to its business assistance grant and expanding it to hotels, motels and short-term accommodation.

The province is adding $ 75 million in new money to its business assistance grant and expanding it to hotels, motels and short-term accommodation.

“We are adding $ 75 million to the original $ 50 million, bringing the total funding for this grant to over $ 125 million,” Employment and Economic Recovery Minister Ravi Kahlon said. , in a press conference on Monday.

“This means companies can access double the funding,” Kahlon said. “Those who qualified up to $ 10,000 will now receive up to $ 20,000. “

The Circuit Breaker Business Relief Grant remains in place for about 14,000 restaurants, bars, breweries, wineries, gyms and fitness facilities affected by the provincial health officer’s pandemic order, introduced last month, restricting indoor gatherings, including indoor dining and group fitness classes for adults.

It is now also available for more than 5,300 hotels, motels and other short-term accommodation – including Airbnbs and vacation rentals registered in British Columbia as small businesses – affected by the emergency order of the province to restrict movement between the three regional areas of British Columbia.

Orders are expected to remain in place until at least May 25.

Of the total of $ 125 million, $ 100 million is available for restaurants, bars, breweries, wineries, gyms and fitness facilities and $ 25 million for hotels, motels and other short-term accommodation providers.

The tourism and hospitality sectors are under extreme pressure from COVID-19, Tourism Minister Melanie Mark said in a statement. The funding is aimed at creating jobs and protecting the province’s heritage as a renowned tourist destination, she said.

Kahlon said the new money comes from COVID contingencies in the provincial budget.

In total, nearly 20,000 businesses can apply for relief through the grant. Businesses can receive up to $ 20,000 to help cover expenses such as employee salaries, rent, maintenance, and utilities. The individual amount that a business receives will be based on the number of employees.

Applications will be processed on a first come, first served basis, and applicants are encouraged to apply as soon as possible. Applications will be accepted until June 4, 2021, or when funds are disbursed, the province said.

Businesses that have previously applied for or received the grant do not need to reapply and will automatically receive additional funding, the province said.

Kahlon said businesses that have been closed or whose licenses have been revoked due to violating COVID-19 provincial health orders are not eligible for the grant.

For more information, go to gov.bc.ca/business-relief.