The Canadian Chamber Of Commerce Partners With Salesforce To Offer $10K Lifeline

Small businesses are the heart of Canadian communities and the backbone of Canada’s economy. Canadians everywhere have been supporting their local businesses throughout COVID-19, from ordering take-out to buying gift cards. Civic- minded organizations with the resources and means are also pitching in.

Today, the Canadian Chamber of Commerce, Canada’s leading and most representative business association, announced a new program, the Canadian Business Resilience Network Small Business Relief Fund, to provide small Canadian businesses from coast to coast to coast with $10,000 grants to help their recovery efforts during these unprecedented times.

The applications that best demonstrate how the funds will help the businesses, their employees and their communities will receive the funding.

The initiative, through the generosity of Salesforce will help 62 small Canadian businesses recover and support their resilience, for a total of $620,000 in funds. Businesses can use the $10,000 grants to support their recovery efforts, including paying salaries, acquiring safety and personal protective equipment for staff, replenishing materials or paying for the measures required to adapt business models to the economic impacts of COVID-19, among other key priorities.

The grant will be targeted at small, for-profit businesses that have been operating for several years and are now experiencing challenges because of COVID-19. The application period will open on June 1, 2020 on the CBRN website and will close on June 12, 2020. The successful applicants will be announced in late June to early July 2020, with the funds being transferred to the successful applicants shortly thereafter.

Today’s announcement comes on the heels of a global announcement by Salesforce to distribute a total of $5 million USD dollars to small business owners internationally.

The Canadian Chamber of Commerce established the Canadian Business Resilience Network (CBRN) in partnership with the Government of Canada to help the business community prepare, persevere and, ultimately, prosper in the face of the COVID-19 pandemic.

The CBRN is a coordinated, business-led, inclusive campaign that will focus on providing businesses the tools they need to mitigate the impact of the pandemic on them, our economy and communities across the country. Its goal is also to help businesses emerge from this crisis and drive Canada’s economic recovery.

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