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The provincial government is bringing back support payments for small businesses impacted by its COVID-19 requirements.
The Government of Saskatchewan announced Thursday that its Saskatchewan Small Business Emergency Payment (SSBEP) program, which provides funding to small businesses that were forced to close or curtail their operations due to public health orders, is being renewed for the month of December.
Successful applicants will be provided a payment equal to 15 per cent of their monthly sales revenue, up to a maximum of $5,000.
“Our small business community continues to be impacted by the global COVID-19 pandemic,” Trade and Export Development Minister Jeremy Harrison said in a media release.
“As we focus on our economic recovery plan during this challenging period, renewing this program will help provide critical assistance to our small businesses who have had to fully or partially close their doors to protect public health and reduce the spread of COVID-19.”
The SSBEP launched in April and was extended through May. That phase saw 6,485 businesses receive more than $32 million. This new eligibility period will extend until Dec. 31 and is estimated to cost $8 million.
Applications will open on Monday, with a deadline of Jan. 31.
Full details for applicants can be found on the province’s web site.
