CLOSED – COVID-19 New Brunswick Support Programs

NB Support for Businesses

NB Small Business Recovery Grants (closed)

Eligibility

• Eligible businesses must:
  • Be a for-profit business
  • Have been open on or before February 1, 2020
  • Employ between 2-99 people full-time
  • Have experienced a year-over-year revenue drop of 30% or more for months under COVID-19 restrictions
  • Have faced either orange or red alert levels in NB for at least one week from October 10, 2020 to March 31, 2021

Benefit

• Funding includes a non-repayable grant equal to 15% of the business’ revenue from sales for a comparable period in the previous year, up to $5,000

Action Needed

• Online application

Community Investment Fund (CIF) (closed)

Eligibility

• For 2020-21 fiscal year only, a COVID-19 Relief category added to CIF for non-profit organizations whose sustainability has been negatively impacted by COVID

Benefit

• Funding to help cover certain general admin/operation costs, equipment or supplies to comply with public health recommendations or projects addressing impacts of COVID-19

Action Needed

• For more information, contact [email protected]

NB Self-Employed Lockdown Fund (closed)

Eligibility

• For businesses without employees that were ordered to close under the COVID-19 Winter Plan
• Eligible businesses must prove they:
  • Are registered and actively carrying on business in NB;
  • Have an active and valid CRA business number;
  • Are in good standing with the Province of NB and Corporate Registry of NB; and
  • Can provide evidence of annual gross business income of more than $30,000

Benefit

• One-time grant of $2,000

Action Needed

• Application period closed March 31, 2022
• Program details available here