Yellowknife Business Services Grant For Post-COVID Recovery

Find details about the Yellowknife business services grant, offering up to $5,000 for eligible businesses in Yellowknife for post-COVID-19 recovery.

Table of Contents

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Overview

The Yellowknife business services grant offers eligible businesses in Yellowknife a significant financial boost, providing up to $5,000 to support recovery and growth initiatives. This grant is designed to help local enterprises enhance their operations, adapt to new market conditions, and invest in essential services.

  • Grant Details: Discover how the grant can provide up to $5,000 for your business needs, supporting various service-related expenditures.
  • Eligibility: Understand the criteria and requirements businesses must meet to qualify for this valuable financial assistance.
  • Application Support: Learn how KWB can serve as your trusted advisor throughout the application process, maximizing your chances of approval.

Yellowknife Business Services Grant: Secure Up to $5,000

The City of Yellowknife is offering a Business Services Grant of $5000 to eligible businesses in order to aid in your post-COVID-19 recovery. The grant is open for applications as of May 1, 2022 and is meant to help cover the cost of business service fees related to re-opening or returning to full capacity operations.

Eligible expenses include:

  • Financial advisors
  • Accounting services
  • Lawyers
  • Marketing programs and strategies
  • Staff training programs
  • And any service that helps businesses adapt and recover following the pandemic

 

Ineligible expenses include:

  • Rent
  • Employee wages
  • Physical promotional signs, cards, brochures, etc.
  • Inventory costs
  • Recurring service fees implemented pre-COVID-19

 

Eligible businesses must meet the following criteria:

  • 20 or less employees
  • Located within the city of Yellowknife
  • Have a valid City of Yellowknife business license
  • Operate in accordance with applicable bylaws and permits
  • Be in good financial standing with the City of Yellowknife
  • Must be operating since January 1, 2022
  • Must be open and operating as of May 1, 2022

 

Qualifying industries include:

  • Food and retail services
  • Hospitality and tourism
  • Arts, culture, and entertainment
  • Personal care services
  • Recreation

 

Costs incurred as of January 1, 2022 will be considered within the grant program, and applications will be reviewed and approved until all available funds are allocated.

Applications can be made here, and more information is available by emailing ecd@yellowknife.ca.

KWB: Your Trusted Advisor for Grant Applications

We strive to keep our clients informed of news that could affect your business and livelihood. Book an introductory meeting to learn more about how your business will benefit from KWB Accounting and Advisory services.  

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