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More Financial Help Coming to Manitoba Businesses

March 2, 2021 11:30 AM | News

Business Sign

A sign on a closed shop welcomes shoppers to return tomorrow, in Ottawa, on Monday, May 18, 2020. (THE CANADIAN PRESS/Justin Tang)

WINNIPEG — Manitoba businesses impacted by COVID-19 public health orders will be receiving additional financial help from the province.

Through the Manitoba Bridge Grant program, businesses will be eligible for a third payment of $5,000 as early as March 5.

The payments will automatically go out to businesses that have applied for and received the first two rounds of $5,000 payments. New businesses who apply to the program can receive up to a single payment of $15,000.

Through the third round of payments, the province will provide up to $67 million in immediate support to eligible small and medium-sized businesses, not-for-profits and charities impacted by the restrictions. This brings the total expenditures of the program to $215 million.

The Bridge Grant program has paid out approximately $134 million to 14,775 eligible applicants to date.

The deadline to apply for the grant is March 31.