Grand Forks small businesses get support after floods
The Voice of Canada News:
Small businesses in the Regional District of Kootenay Boundary (RDKB), which were affected by flooding this past spring, will be able to apply for part of $2.9 million in provincial funding through a small business financial grant.
“Many B.C. communities are still recovering from the floods that hit this season, particularly in areas such as Grand Forks where they saw catastrophic flooding,” said Mike Farnworth, Minister of Public Safety and Solicitor General. “Throughout this process, we’ve supported residents through programs such as the Household Emergency Assistance Program. Now, we’re extending a helping hand to small businesses so they can be a strong part of helping B.C. communities find a new path forward.”
Funding will be distributed by the Red Cross for small businesses in the RDKB affected by flooding. In addition to the initial support of $1,500, eligible businesses in this phase of the program may qualify up to $18,500, with the potential for further assistance for business recovery, emergency assistance and other key areas.
This small business grant is part of a long-term recovery plan for Grand Forks that is focused on four key areas:
- housing;
- business and economic recovery;
- health, wellness and social supports; and
- flood hazard assessment, mitigation and adaptation.
“Recovery is a long process that involves meeting immediate needs, strengthening the community once again and then mitigating risk in the future,” said Jennifer Rice, Parliamentary Secretary for Emergency Preparedness. “Our government stands with the community of Grand Forks, and we will continue to work with all levels of government to help this community find its way forward.”
Eligible businesses include small businesses and not-for-profit organizations located in areas of the RDKB that have been under evacuation order or alert. The Red Cross will provide more information on how to apply in the coming weeks.
