Edmonton businesses struggling to stay afloat during the COVID-19 pandemic may apply for grants from the City of Edmonton starting Wednesday. The city will begin accepting applications to its economic recovery program, which will award businesses $1,000, $2,500 or $5,000 in the program's first phase. "To have them be responsive toward small and medium-size businesses I think really places how much city council and city administration values small businesses and how important they are to our economy," he said. Phase Two in 2021Phase two of the recovery program starts Jan. 1 and runs to the end of 2021. The Economic Recovery Grant program includes a business stream, in which business associations can qualify for up to $75,000 to work with local companies to develop new economic opportunities.

Source: CBC News June 09, 2020 00:46 UTC