Small Business Recovery Consulting Rebate

💡What Is This Program?

🎁What Benefits Are Offered?

Rebate covering up to 85% of costs for third-party consulting projects aimed at sustaining business operations and recovering health/profitability to pre-event levels after economic downturns, natural disasters, or other business continuity events. Projects must have a minimum budget of $1,000.

📋What Are the Application Steps & Timeline?

📝Steps to ApplySource

• Contact Northern Development to discuss the proposed project scope.
• Obtain a detailed quote from a qualified consultant.
• Complete the application form and submit it with required attachments.
• Northern Development reviews the application.
• Complete due diligence process by Northern Development staff.
• Receive funding decision notification by phone or email.
• If approved, receive a formal letter and agreement via email.
• Submit completed reporting form with required attachments after project completion.
• Report annually for three years on economic benefits.

🌐Application PortalSource

https://www.northerndevelopment.bc.ca

📤Submission MethodSource

online

📅Key DatesSource

Continuous until annual budget is committedApplication acceptance

Within one week of receipt of completed applicationApplication review decision

🔄Intake TypeSource

continuous

📄What Documents Are Required?

✅Required DocumentsSource

• Small Business Recovery Consulting Rebate Application Form
• Detailed quote from a qualified consultant
• Proof of incorporation or years in business and revenue if a sole proprietor
• Copies of all invoices and proof of payment
• Evidence of work completed

📎Optional DocumentsSource

• Identification of other project funding sources

📐Format RequirementsSource

Electronic submission through the Online Application System, no specific file formats mentioned.

💰What Expenses Are Eligible?

🧾Eligible ExpensesSource

• Consulting fees
• Consultant travel costs directly associated with the project
• Other costs directly associated with the project (to be approved on an individual project basis)

🚫Ineligible ExpensesSource

• Operational costs and staff wages
• Management or staff travel costs
• Consultant administration/management fees
• Fees for consultants outside of Canada unless it is demonstrated that the service is not available in Canada
• Legal and accounting services
• Engineering costs
• Meeting costs (equipment rental, refreshments, etc.)
• Project cost over-runs
• In-kind volunteer labour or donated services/materials
• GST
• Costs incurred prior to formal notification of funding approval from Northern Development

📏Expense CapsSource

Rebate of up to 85%, to a yearly maximum of $30,000

💳Payment ModelSource

reimbursement

⏪Retroactive Expenses EligibleSource

No

🤝Is Matching Funding Required?

🔀Matching RequiredSource

Yes

📊Matching RatioSource

15% minimum

🏦Eligible Matching SourcesSource

• cash

📚Stacking RulesSource

Project funding cannot exceed project costs

🛡️Proof of Matching RequiredSource

Copies of all invoices and proof of payment

📊What Are the Reporting Requirements?

🗓️Reporting FrequencySource

annual

📑Reporting RequirementsSource

• Completed Northern Development reporting form
• Copies of all invoices and proof of payment
• Evidence of work completed (i.e. COR health and safety certificate, marketing plan, etc.)

🔍Audit RequirementsSource

Northern Development staff undertake comprehensive due diligence of each funding application received.

📢Branding RequirementsSource

All documents will remain confidential

🗄️Record Retention PeriodSource

3 years