Apply Now for the Tourism Adaption and Recovery Fund!
The Niagara Economic Rapid Response Team together with funding from the Federal Economic Development Agency of Southern Ontario is currently accepting applications for its Tourism Adaptation and Recovery Fund program.
 
PLEASE NOTE – THERE IS LIMITED FUNDING. APPLICATIONS WILL BE REVEIWED ON A FIRST COME FIRST SERVE BASIS
PROGRAM DESCRIPTION

The Tourism Adaptation and Recovery Fund program will provide financial assistance in the form of 80% grants to enable tourism-dependent, small and medium sized businesses (SMEs) and Arts and Culture Not-for-Profits (NFP) organizations, to equip themselves to meet Public Health guidelines and protocols.
 
The grant will enable the business to continue to operate, particularly through the shoulder and off-season in 2020/21. Priority will be given to projects that retain/create jobs, have a high jobs/dollar invested ratio and increase the competitiveness and sustainability of the business post COVID-19.


Please visit the website to learn about eligibility and eligible costs.

 
APPLICATION PROCESS:
  • To apply to the fund please complete Tourism Adaption and Recovery Fund Application Form and submit it by email to errt@niagararegion.ca.
  • If you require this application in any other format please email errt@niagararegion.ca with your request.
  • Any questions should be directed to errt@niagararegion.ca
  • All applications will be reviewed by the Niagara Economic Rapid Response Team adjudication committee. An evaluation tool will be used to assess projects against eligibility guidelines.
  • Successful applicants will be notified by Niagara Region Economic Development on behalf of the Niagara Economic Rapid Response Team.
 
ELIGIBLE COSTS:
  • To equip businesses to meet Public Health guidelines and protocols;
  • To purchase PPE, cleaning supplies etc. for workers;
  • To accommodate physical distancing (expansion of restaurant patio space, pick up windows or curbside pick-ups for retailers, secondary entry/exit to allow physical distancing, equipment to extend the outdoor dining season e.g. purchase of patio heaters);
  • To implement technology, digital tools etc. for tourism operators (to enable virtual queue, timed entry ticketing and marketing to promote business open, etc).
DEADLINE

Applications are being accepted on an ongoing basis. Submissions will be evaluated as they are received.
APPLY
Other Government Funding Programs for Business
Ontario Small Business Support Grant
Grants available from $10,000 to $20,000 (Program information coming soon)

Main Street Relief Grant for PPE
$1,000 one-time grant towards PPE costs

Property Tax and Energy Cost Rebate Grants
Grant for business costs associated with property tax and energy costs

Regional Relief & Recovery Fund
FedDev Ontario Stream: Loan up to $1 million
Venture Niagara Stream: Loan up to $40,000

Highly Affected Sectors Credit Availability Program (HASCAP)
Tourism & Hospitality - Loans up to $1 million - Low-interest, 100% government backed loans up to $1 million for 10 years.

CEWS
The government is increasing the maximum wage subsidy rate to 75% for the period beginning December 20, 2020 and to extend this rate until March 13, 2021. 

CERS
Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.

CEBA
Interest free loans up to $60,000 to small business, and up to $20,000 forgiven if repaid by Dec 31, 2022. Apply to Canadian Banks/Credit Unions for support until March 31, 2021
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