Photo Credit: www.gov.mb.ca/
The deadline to apply for the Manitoba bridge grant is this Wednesday, March 31, 2021.
To say small and medium businesses have been through some tough sledding during the COVID pandemic would be an understatement. Many have cut staffing levels drastically while others have shut their doors or closed down operations altogether.
For those who managed to endure these tough times, there may be some hope offered up by the Manitoba Government.
The MB Bridge Grant has been expanded to provide an additional $5,000 – for a total of $15,000 in financial support to eligible businesses. New applications are being accepted until March 31, 2021.
Recipients of the Bridge Grant for Home-Based Business will receive a supplemental payment in the amount of 10% of their 2019 revenues to a maximum of $5,000.
Keep in mind this grant is considered taxable business income.
Learn more at https://bit.ly/38hj0TE