**** CNS Media Release
Applications Now Open for Sector Impact Support Program
—————————————————-
Businesses impacted by the latest public health restrictions in Nova Scotia can now apply for support through the Sector Impact Support Program.
“This recent wave of the pandemic has been challenging for many businesses across our province, and with these public health restrictions, additional support is needed,” said Economic Development Minister Susan Corkum-Greek. “We know this help can’t come soon enough, and we will continue to be there to support our business sector and position ourselves for recovery as quickly as possible.”
The Sector Impact Support Program will provide a one-time grant to help small business owners in industries such as restaurants, bars, gyms, live performing arts facilities and recreation facilities. Eligible businesses can receive a grant of $2,500, $5,000 or $7,500 based on gross payroll cost or gross revenue in November 2021.
For more information on eligibility and to apply, visit: https://novascotia.ca/coronavirus/sector-impact-support-program/
Quick Facts:
— to be eligible, businesses must have had a minimum gross monthly payroll of $1,000 or a minimum of $2,500 of gross monthly revenue for November 2021; be registered to do business in Nova Scotia; have an active Canada Revenue Agency business number; and have gross revenue of $5 million or less in its most recently filed tax year
— incorporated businesses that operate more than one eligible business location under a single corporate entity may claim a rebate for each business location
Additional Resources:
More information on support for businesses can be found at: https://novascotia.ca/coronavirus/support/#support-for-business
Information on provincewide public health restrictions is available at: https://novascotia.ca/coronavirus/restrictions-and-guidance/
