Support to Small Businesses and Not-for-Profit Organizations

The Canadian Red Cross is committed to supporting affected individuals and communities in the Regional District of Kootenay Boundary (RDKB) following 2018 spring flooding.  Experience has shown us that support for small businesses and not-for-profit organizations are essential to the recovery of people and communities affected by a disaster. When additional financial assistance from the Support for Small Business program launches in the coming weeks, eligible businesses and not-for-profits will be able to apply to the Red Cross for part of $2.9 million in additional funding from the B.C. Government.   

Initial Emergency Financial Assistance from the Support for Small Business program closed in October, 2018.
 
Applications
More information on how and when to apply for more assistance under the Support for Small Business program will be available in the coming weeks.
 
Program Information
Support for Small Business is intended to assist with uninsured losses, deductibles, minor repairs, clean-up, and equipment needs.
 
Additional assistance amounts will be determined case-by-case, based on needs to help impacted small businesses and not-for-profit organizations.
 
To receive funding, small businesses and not-for-profit organizations will need to meet the following basic requirements. Additional information may be required during the application process.
 
Types of businesses, organizations: In addition, applicants must:
  • Have 50 employees or less (does not apply to not-for-profit organizations)
  • Be located in the Regional District of Kootenay Boundary (RDKB) that was impacted by the 2018 spring floods
  • Have been in operation on or before April 26, 2018
  • Be financially vulnerable as a result of spring flooding in the RDKB
  • Have resumed or are intending to resume operations
  • Have a net income of less than $250,000 (calculated as revenue less expenses)*
  • Have the business be their primary source of income*
*Does not apply to not-for-profit organizations
 
Questions?

Please click here for our frequently asked questions.