Multiple Regina businesses have turned to the city’s economic recovery grant program for support in response to COVID-19 – 185 local businesses to be exact.
$688,000 has been provided to Regina businesses since the program’s start in August 2020. Phase two has already supported an additional 44 local businesses; 10 applicants so far have received the maximum grant funding of $25,000 available in the second phase.
“We’re seeing a great variety of business expenses that have been incurred as a result of the pandemic, as well as a lot of different ways that businesses are adapting in order to continue operating safely and sustainably, or just completely changing the business they deliver,” shared Director of Assessment and Property Revenue Services Deborah Bryden in a news release.
“We encourage all businesses to look into the grant, and if there are any questions about criteria or eligibility, to contact the city for assistance.”
Businesses have been using the funds in different ways such as renovations to expand seating or takeout services and purchasing equipment for online teaching. The sector that has submitted the most applications to the program are businesses in accommodation and food service with 56 grants from the city.
More information about the Regina Economic Recovery Grant program can be found at the city’s website. A new intake period for the program begins every Tuesday to enable the city to award funding in a timely manner.