The Regional Relief and Recovery Fund (RRRF) seeks to provide support to southern Ontario SMEs that do not qualify for current Government of Canada COVID-19 relief measures. The Sarnia-Lambton Business Development Corporation (SLDBC) would like to reach out to Chamber members who may qualify for the new funds. Please let us know if you are interested in being contacted by the SLDBC.
For more information, please visit the website.
To be considered eligible for the RRRF in southern Ontario, SMEs will have already applied to other Government of Canada emergency credit relief measures for which they are eligible, including:
- Canada Emergency Business Account (CEBA);
- Business Credit Availability Program (BCAP) – Business Development Bank of Canada (BDC) Co-Lending and Export Development Corporation (EDC) Loan Guarantee programs;
- BDC COVID-19 Working Capital loans; as well as,
- Other targeted and sector-specific COVID-19 programs (e.g., funding for Indigenous Entrepreneurs, Farm Credit Canada).
To read the full statement, click here.