Ontario Supporting Small Businesses with Financial Advice and Training: Investment to provide new online resources to help entrepreneurs during COVID-19

Nov 19th, 2020
By kdowney
Ontario

Ontario is providing $2,040,000 to support Ontario's 47 Small Business Enterprise Centres (SBEC) led by the Business Advisory Centre Durham to create a new Small Business COVID-19 Recovery Network. The government is also providing $131,000 for Chartered Professional Accountants of Canada to develop and deliver a four-part COVID-19-specific financial literacy tool kit for small businesses. Ontario is also providing $51,000 for Financial Advisors Association of Canada, a non-profit association of financial advisors, to provide pro-bono professional financial advice for small companies through its online platform, Advocis Connect. The Ontario government also launched applications for eligible businesses to apply for the Main Street Relief Grant and temporary property tax and energy cost rebates through a single, online application portal.

For more information please visit:  https://news.ontario.ca/en/release/59271/ontario-supporting-small-businesses-with-financial-advice-and-training