NB Small Business Recovery Grants – Phase Two
As of June 1, the SMALL BUSINESS RECOVERY GRANT – PHASE 2 is available to eligible New Brunswick businesses. Changes have been made from the original offering to improve accessibility and provide much-needed support to businesses in every region of the province.
Over 6,000 Small businesses and employers in New Brunswick who have been impacted by COVID-19 are eligible for relief through the newly updated non-repayable grant.
Most notably, program enhancements include reducing the year-over-year revenue loss requirement to 20 per cent, as well as providing a one-time subsidy of up to $300 to offset costs incurred in the preparation of applications.