This program is designed specifically for businesses like yours that have been affected by the spring 2023 wildfires. You can receive up to $200,000 to cover the costs of repairing or replacing essential property that was damaged or lost. This financial assistance is particularly valuable because it covers uninsurable losses, such as appliances and furniture, which are crucial for your business operations.

What's in it for you?

• Substantial financial support: Up to $200,000 for repair and replacement costs.
• No cost to apply: The application process is free.
• Expert assistance: 211 Nova Scotia can help you with your application and provide guidance on the required documents.

This program offers a unique advantage over other financing options because it specifically targets uninsurable losses, ensuring you get the support you need to recover and continue serving your community. The application process is straightforward, and with the help available, you can easily navigate the requirements. Don’t miss this opportunity to secure essential funding for your business’s recovery.

Type of Financing:

• The program offers financial assistance in the form of a grant to cover costs related to repairing and replacing uninsurable, essential basic property loss due to the spring 2023 wildfires.

Repayment Terms and Interest Rates:

• There is no repayment required for the grant received through the program. It is a non-repayable sum, meaning you do not need to pay back the funds provided.

Eligible Expenses:

• Eligible expenses include costs incurred for repairing or replacing essential basic property loss that is not covered by insurance. This can include items like appliances and furniture damaged or lost due to the wildfires.

Ineligible Expenses:

• The funds cannot be used towards repair or replacement costs for insured or insurable items, even if insurance was not purchased. Additionally, the grant cannot be used for food lost due to the spring 2023 wildfires.

Fees:

• There are no fees associated with applying for or receiving the financial assistance grant through the program. The application process is free of charge, allowing you to access the support without any additional financial burden.

The Disaster Financial Assistance Program offers your business up to $200,000 to help cover the costs of repairing or replacing essential items lost in the spring 2023 wildfires. This includes uninsurable items like appliances and furniture, ensuring you can get back to normal operations as quickly as possible.

This financial assistance is a grant, meaning you do not have to pay it back. The funds can be used for essential property that was damaged or lost due to the wildfires, provided these items were not insurable. This means you can focus on recovery without worrying about additional debt.

By taking advantage of this program, you can ease the financial burden on your business and ensure that you have the necessary resources to continue serving your community. This is a valuable opportunity to get the support you need to rebuild and move forward.

To apply for financial assistance for damage or loss from the spring 2023 wildfires, follow these steps:

1. Complete the Application Form:

• Fill out the Disaster Assistance for Non-profits Application Form.
• Fill out the Confirmation of Insurance Form.

2. Prepare Required Documentation:

• Name of insurance company, policy number, and agent’s name and phone number.
• Photos of the damage, as well as any “before” photos if available.
• Itemized description of damage or loss and replacement cost estimates.
• Copy of the articles of incorporation.
• Copy of the organization’s latest annual financial statements.
• Copy of your rental agreement, if applicable.
• Authorized representative of the organization available to sign the form.
• Authorized representative of your insurance company available to complete and sign the Confirmation of Insurance Form.

3. Review Application Details:

• Ensure all required supporting documents are included.
• Double-check the application for completeness and accuracy.

4. Submit Your Application:

• Send your completed application and supporting documents by mail to the designated address.

5. Seek Assistance if Needed:

• Contact 211 Nova Scotia for help with the application process or to answer any questions you may have.

6. Await Confirmation:

• After submission, wait for confirmation and further instructions from the program administrators.

By following these steps, you can apply for financial assistance to help cover the costs of repairing or replacing essential property lost due to the spring 2023 wildfires.