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Funding supports businesses to launch online

On February 3, 2021 the government of BC has launched a program to invest 12 million dollars to help small businesses to bring their businesses online or to improve their current websites to boost online sales.

These grants will provide business owners, including those in covid19 hard-hit sectors such as retail, tourism and restaurants, with up to $7,500 to build or improve their online store and promote BuyBC at a local, national and international level.

Grant recipients can use the funding for a variety of online-related expenses, including pictures, creating an online inventory system, advertising costs, subscription costs of an e-commerce platform and training staff to manage the website.

The Launch Online Grant program is based on a first come, first-served basis. The program will run until March 31, 2021, or until all funds are distributed.

* Eligibility criteria for businesses include having:

a goods and services tax number and paying taxes in B.C.;

generated sales of more than $30,000 in either 2019 or 2020;

one to 149 employees (applications can be submitted by sole proprietors); and

repeatable products, or in the case of artists and jewellers, individual items that have slight differences (e.g., paintings and rings).

As part of the application, businesses are required to develop a grant proposal that indicates how they plan to use the funds.

Based in Victoria, Alacrity is a non-profit organization that promotes technology entrepreneurship and facilitates regional investment.

And most importantly, vvs1 is your go-to to bring your business online and apply for the grant. Contact us to see how we can help.

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