2021 BC Floods: Support for Small Businesses and Not-for-Profit Organizations
How the Red Cross helps:
The Canadian Red Cross is providing additional recovery financial assistance to eligible small business owners and not-for-profit organizations impacted by the 2021 BC Floods and Extreme Weather Event.
Who can apply?
- Small businesses (including sole proprietors, partnerships, corporations, farms, and franchises)
- Not-for-profit organizations
Applicants must:
- Have been unable to operate for 10 consecutive days or more following the floods or;
- Have incurred physical damage to their buildings, equipment or inventory and that is not covered by insurance or;
- Have experienced challenges operating at full capacity due to local infrastructure issues within the community where they are based.
In addition, businesses and not-for-profit organizations must:
- Have 50 employees or less.*
- Be located in an area that was impacted by the floods in British Columbia in November 2021.
- Must be registered and in good standing with BC Registry at the time of the floods.
- Have been in operation on or before November 14, 2021.
- Be financially vulnerable as a result of the flooding in November 2021.
- Have resumed or are intending to resume operations.
- Have a net income of less than $350,000 (calculated as revenue less expenses).*
- Have the business be their primary source of income.*
*Does not apply to not-for-profit organizations.
Application period: January 16, 2024 to April 30, 2024
For more information and to apply:
Visit www.redcross.ca/2021BCFloods or call 1-833-966-4225