The Saskatchewan Small Business Emergency Payment program provides financial assistance to small businesses in Saskatchewan that have been ordered to temporarily close or significantly curtail operations during the public emergency period due to a public health order to help control transmission of COVID-19.
Financial assistance includes a payment that can be used for any purpose which may include assisting businesses to cover fixed costs or to reopen the business once the pandemic is over.
Benefits
Payments are based on 15% of a business’s monthly sales revenue in either April 2019 or February 2020. Businesses may select either of these months to calculate their payment.
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The maximum payment is $5,000 per business.
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Payments can be used for any purpose, including paying fixed costs or expenditures related to re-opening the business following the pandemic.
Eligibility
To be eligible, a Saskatchewan business or not-for-profit must:
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Have been carrying on business in Saskatchewan on February 29, 2020;
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Have been ordered to temporarily close or curtail operations through a COVID-19 public health order;
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Have less than 500 employees;
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Attest that they:
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have experienced a loss in revenue due to a COVID-19 public health order;
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plan to reopen operations following the cancellation of the COVID-19 public health order; and
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have not received any payments or amounts from any other sources, including insurance, to replace or compensate for the loss of sales revenue other than amounts from other government assistance programs; and
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Apply on or before July 31, 2020.
