ON: Additional $2.2M to support ON small businesses
The Ontario government is investing over $2.2 million through the Ontario Together Fund to provide small businesses with free, tailored financial advice and online training to assist with financial decisions and navigate economic circumstances brought on by the COVID-19 pandemic.
This support includes:
- 2,040,000 to support Ontario's 47 Small Business Enterprise Centres (SBEC) led by the Business Advisory Centre Durham to expand their services and create a new Small Business COVID-19 Recovery Network.
- $131,000 for Chartered Professional Accountants of Canada to develop and deliver a four-part COVID-19-specific financial literacy tool kit for small businesses.
- $51,000 for Financial Advisors Association of Canada, a non-profit association of financial advisors, to provide pro-bono professional financial advice for small companies through its online platform, Advocis Connect.