Bill and Lori Craig of Better Life Fitness; submitted photo
Better Life Fitness in Rossland is one of many businesses that have suffered dramatic losses during the COVID-19 pandemic. Will these businesses survive to serve residents once the pandemic has passed – however long that may take? And what can residents do to help ensure their survival – at least, those residents who haven’t suffered disastrous losses of income themselves?
Lori Craig and her husband Bill started Better Life Fitness sixteen years ago, renovating the old Nelson and District Credit Union building and providing a space and the equipment for people to do their walking or running on treadmills, or to use the lower-impact elliptical trainers, and to develop strength using a variety of other machines, and weights. People recovering from injuries and surgeries and dealing with disabilities have all benefited from the gym and Lori’s expertise. This reporter has been a member off and on for years, and I
VICTORIA, B.C. – The Government of British Columbia has announced they’ve dedicated relief funding for the province’s tourism sector.
The Province will be committing $100 million in dedicated relief funding for the tourism sector. Along with this funding, the Province will also be allocating $5 million to Indigenous Tourism BC, which will help Indigenous businesses.
The application process for funding will be through the Small and Medium-sized Business Recovery Grant program and has been streamlined to make it easier for all businesses to qualify, especially those hit hardest in the sector. Businesses will be eligible to receive up to $45,000 to help recover.
$105 million for B C s struggling tourism industry power104.fm - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from power104.fm Daily Mail and Mail on Sunday newspapers.
Posted:
December 21, 2020
More businesses to be eligible for recovery grant
The B.C. government today announced it has enhanced the Small and Medium-Sized Business Recovery Grant program.
The move was made to make it easier for businesses to qualify and has increased support for those in the hard-hit tourism sector, stated a Ministry of Jobs, Economic Recovery and Innovation.
Adjustments made to the Small and Medium-Sized Business Recovery Grant program include a streamlined application process and simplified criteria. For example, the criteria has been expanded from a minimum revenue drop of 50% to a drop of 30%. This change will allow more businesses to be eligible.
Changes to B.C’s Business Recovery Grant criteria increase support for struggling companies
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The provincial government has taken more steps to support small and medium-sized businesses across B.C.
Effective today, its Small and Medium-Sized Business Recovery Grant criteria has been edited to make it easier for businesses to qualify.
Those adjustments include a streamlined application process and simplified criteria.
For example, businesses were only allowed to apply if they had seen a revenue drop of 50 per cent, but that has now changed to 30.
Another change is for businesses that are relatively new to the industry. Previously, applications were only open for those who have been in operation for at least three years, but that has now been reduced to 18 months.