Disaster Financial Assistance Program — Small Business
Highlights
This program is designed to support your non-profit organization in recovering from the spring 2023 wildfires. You can receive up to $200,000 to cover repair and replacement costs for essential, uninsurable property like appliances and furniture. This financial assistance can significantly ease the burden of restoring your operations and help you get back to serving your community.
What’s in it for you?
- Up to $200,000 for repair and replacement costs
- No cost to apply
- Assistance with the application process through 211 Nova Scotia
This program offers a straightforward and supportive application process, ensuring you can focus on rebuilding without added stress. By securing this funding, your organization can quickly restore its facilities, ensuring continued service to the community.
Financing Details
Type of Financing:
- Grant: Financial assistance is provided as a grant, not requiring repayment.
Eligible Expenses:
- Costs related to repairing and replacing uninsurable, essential basic property loss due to the spring 2023 wildfires are covered.
Ineligible Expenses:
- Repair and replacement costs for insured and insurable items, as well as food lost due to the wildfires, are not eligible for assistance.
Fees:
- There is no cost to apply for the grant program.
Qualifications
- Must be a small business.
- Damage must have occurred during the wildfires in Halifax Regional Municipality, Shelburne County, and Yarmouth County between 27 May to 11 June 2023.
- Must not have insurance to cover the entire loss.
- Must own the property affected by the wildfires.
- Must operate as a non-profit organization.
- Must operate a facility in the community’s interest with unrestricted public access.
Must apply by 31 January 2024.
- Disqualifications:
- Damage or loss covered by insurance.
- Insurable items, even if insurance was not purchased.
- Food loss due to the wildfires.
Description
This program offers your business up to $200,000 to help cover costs for repairing or replacing essential property lost in the spring 2023 wildfires. This includes items like appliances and furniture that are not insurable.
This financial assistance can be used for:
- Repairing uninsurable property damage
- Replacing essential items that were lost
The money is a grant, so you do not need to pay it back. This can provide significant relief and support, allowing you to focus on getting your business back on track without the burden of additional debt.
This is a valuable opportunity to recover from unexpected losses and ensure your business can continue to operate smoothly.
Program Steps
Complete the Application Form:
- Fill out the Disaster Assistance for Non-profits Application Form.
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.
Complete the Confirmation of Insurance Form:
- Ensure your insurance company fills out and signs this form.
Review Application for Completeness:
- Double-check that all sections of the application form are filled out.
- Ensure all required supporting documents are included.
Submit the Application:
- Send your completed application and all supporting documents by mail to the address provided in the application form.
Seek Assistance if Needed:
- Contact 211 Nova Scotia if you have questions or need help with the application process.