NEW | July 23, 2020
Click here for the PDF.
The Newfoundland & Labrador Organization of Women Entrepreneurs has launched the Business Interruption Recovery Fund to assist women entrepreneurs in Newfoundland and Labrador to access business supports to navigate COVID-19. The funds will help source support for small-scale projects related to business operations, business transformation, and recovery measures.
The Business Interruption Recovery Fund will be used to support at least 30 women business owners in Newfoundland and Labrador.
This initiative is supported by the Government of Canada through the Atlantic Canada Opportunities Agency (ACOA).
To be eligible for the Business Interruption Recovery Fund, businesses must:
The Business Interruption Recovery Fund can be used to address the effect COVID-19 has or will have on your business. The funds will be used to hire a professional service/consultant for a project that will:
The Business Interruption Recovery Fund will cover 100% of a consultant’s fee to support and implement your project and is capped at a maximum of $10,000 per project. It cannot be used for the purchase of goods, including personal protective equipment, technology or software licenses, courses or professional development training.
While there is no direct cost to you to participate, there is a time expectation and commitment of 3-12+ hours depending on your project, including time spent working with your consultant and a project evaluation.
Before you start
To process your expression of interest, you will need:
Your business number
Financial statements for 2018 in PDF format
Details on how your business has been impacted by COVID-19
An eligible project to propose
To submit an expression of interestOnline expressions of interest open today, and will be available until September 30, 2020 or until the funds are full spent.