The Lytton Business Restart Program is a fantastic opportunity for businesses in Lytton, B.C. impacted by the 2021 wildfire. Applying to this program can provide your business with essential funding to help you recover and grow. You'll have access to financial support for purchasing equipment, securing supplies, and covering critical expenses like commercial space fit-up or construction costs. This is designed to ease your pathway back to business as usual.

What sets this program apart is the flexibility it offers. Depending on your needs, you can receive non-repayable contributions, meaning you won’t have to worry about paying that money back. There's also the option for repayable contributions if your funding needs extend further. By getting approved, you're investing in your business's resilience, allowing you to thrive instead of just survive. Plus, with no minimum or maximum employee or revenue requirements, it’s designed to help any business bounce back.

In short, applying means opening the door to crucial funds tailored for your recovery. This is your chance to get back on your feet with solid financial backing. Don't miss the opportunity to revitalize your business and strengthen its future.

Financing Type
The program offers both non-repayable and repayable contributions. This means you can receive funds that you won’t have to pay back, as well as funds that will need to be repaid over time.

Repayment Terms and Eligible Expenses
For the repayable contributions, specific terms regarding interest rates and repayment timelines will be outlined when you apply. Typically, these loans will have a reasonable interest rate and flexible repayment terms to accommodate your business needs. Eligible expenses include:

• Purchasing equipment
• Securing supplies
• Covering business expenses like commercial space fit-up
• Basic construction costs (in some cases)

Ineligible Uses and Fees
The funds cannot be used toward personal expenses or non-business-related costs. Additionally, there are no hidden fees associated with this program. What you see is what you get; funding is straightforward and transparent, so you can focus on revitalizing your business without any surprises.

• Location: Business must be located in Lytton, B.C.
• Impact: Business must be affected by the 2021 wildfire.
• Employee Requirement: No minimum or maximum number of employees required.
• Revenue Requirement: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• Businesses located outside Lytton, B.C. do not qualify.
• Businesses not impacted by the 2021 wildfire do not qualify.

The Lytton Business Restart Program is designed to help your business bounce back after the challenges posed by the 2021 wildfire. This program offers funding for revitalization efforts, enabling you to purchase equipment, secure supplies, and cover essential business expenses like fitting up commercial spaces and construction costs.

This support is available for all types of businesses in Lytton, B.C., regardless of your company’s size or revenue. The funding can come in two forms: non-repayable contributions for certain eligible activities, meaning you won’t need to pay it back, and repayable contributions for other areas of support.

By participating in this program, you’re investing in the resilience and growth of your business. The funds can provide a much-needed boost to get you back on your feet and ready to thrive in the local market.