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ThinkPartner Vancouver and Vernon BC Canada 778-558-8605
Vancouver Executive Business Coach

SMALL BUSINESS GRANTS

Business Coaching Grant

This Grant is for Small Businesses in Northern BC and is called the Small Business Recovery (SBR) Rebate and is part of the Northern District Development Initiative Trust and responds to the downturn of the forestry industry and impact Covid19 has had on small businesses in Northern BC. (if your business in not located in Northern BC you may qualify for the BC Training grant see the next section below)

This program is designed to help businesses reduce the barrier to accessing professional expertise and reimburse the costs of independent consulting and business coaching services. 

And yes, it’s applicable to Incorporated businesses, or sole proprietorship’s that have been established for two or more years with more than $30,000 in annual revenues

 The SBR Consulting Rebate will reimburse small and medium sized businesses (operators) for contracted consulting services. Businesses that are impacted by the economic downturn in Northern Development’s service region are eligible to apply.

KEY THINGS TO KNOW ABOUT THE GRANT

A rebate of up to 85%, to a yearly maximum of $25,000, can be recovered for the cost of hiring a consultant to assist with business efforts. 

This include hiring a business coach, consultant or marketing professional to help with:

  • Business Coaching
  • Business planning and strategic planning
  • Business continuity planning and emergency response planning
  • Market development and e-commerce development
  • Marketing strategies, brand development/evolution and web development

The objectives are to directly support small and medium size businesses impacted by the economic downturn in Northern Development’s service region and help them implement strategies to attract customers, market a business and/or improve profitability. This will assist in sustaining business and employment in central and northern B.C.

British Columbia Employer & Workforce Training Grant 

The BC TRAINING GRANT – workforce training stream is for small business owners and their employees to access relevant training that would enhance the team’s skills and ability to improve their organizations, expand into new markets and job capabilities. 60% of the training cost is subsidized by this government grant. This includes business development, management, soft skills training and short certifications that are directly related to the applicant’s industry.

KEY THINGS TO KNOW ABOUT THE GRANT

  • Each person in the organization can apply for up to $5,000 in reimbursement per fiscal year.
  • Each company has access to $300,000 per year.
  • Either the owner or an employee can be the participant.

WHAT YOU NEED TO KNOW BEFORE APPLYING

  • Ask your trainer for their training package in PDF format prior to applying.
  • There is no fee to apply and you do not pay for the training until the course is approved
  • Anyone with a registered business (proprietorship or corporation) that is more than a year old is eligible to apply. If you do not have a business license, that is ok too.

The application process is super simple, and takes less than 15 minutes to complete 

  1. Register your business for a Business  BCeID number here: https://www.bceid.ca/
  2. When you have that handy, access the application here: https://www.workbc.ca/Employer-Resources/BC-Employer-Training-Grant/Workforce-Training-Stream.aspx
  3. Upload the training package you want to take as a PDF under the Workforce Training Stream and submit!.

ONCE YOUR APPROVED

Once the training is paid for in full and the trainer has confirmed the start date, the participant can immediately apply for the reimbursement. A refund will be mailed within 60 days. 60% of the training cost is subsidized by the Employer Training Grant. For example, if the training is $8,250 you can apply and be reimbursed for $4,950 

How ThinkPartner clients have used the grant 

I have helped dozens of clients access the grant. This is an incredible opportunity for small business owners and their teams to add new skills that will directly increase their productivity, profitability and strengthen their leadership. 

Most of my clients are wanting to improve their Entrepreneurial skills and access the strategic thinking, strategic planning training. The process to apply is super easy and only requires a few minutes filling out an online application. The Strategic Planning training that I offer is one to one training and is fully customizable so that it becomes specific to the clients needs and industry. 

No one is wasting time working on things that are not relevant to their business, or working in a group on projects that are not directly related to their personal and professional development. In addition to accessing the grant to work with me, I assist clients to access industry specific grants and courses. 

I have helped clients access marketing training and other industry certifications. One client put his entire team through CrossFit certification, another accessed $5000 for a coaching certification and many have taken bookkeeping and other business skills training. 

Takeaways – Why It’s Important to Access the Grant Now!

We are in very interesting times when business owners need to pivot to adapt to the changing world. It becomes more important than ever to know where you are heading and how to create a strategic plan to get you there.

ThinkPartner offers strategic planning training which is one to one face time, fully customizable to suit the specific needs of the business but provides the participant(s) with the skills and knowledge on how to think differently in times of crisis and how to create a strategic plan to stay on track. 

LET’S CONNECT, CHAT AND GET YOU MOVING FORWARD

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