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Province launches small business support grant for tourism and travel operators

 

A message from the Ministry of Heritage, Sport, Tourism and Culture Industries

The Ontario government is providing one‐time payments of $10,000 to $20,000 to support eligible small tourism and travel businesses struggling to recover from the impact of the COVID-19 pandemic through the new $100-million Ontario Tourism and Travel Small Business Support Grant.

The launch of the program was announced on May 13 by Lisa MacLeod, Minister of Heritage, Sport, Tourism and Culture Industries.

“Prior to the pandemic, Ontario’s tourism generated more than $36 billion in economic activity and supported more than 400,000 jobs across the province,” said MacLeod. “Our government is working with small businesses to overcome the challenges of the past year – through programs like the Ontario Tourism and Travel Small Business Support Grant – and help the tourism industry reclaim its place as an economic powerhouse and key job creator in our province.”

Tourism‐related industries experienced a total combined loss of 141,000 jobs between February 2020 and April 2021.

This grant will support eligible small tourism and travel businesses that did not receive the Ontario Small Business Support Grant (OSBSG), such as travel agents, hotels, motels, resorts, and bed and breakfasts. To qualify, businesses must have fewer than 100 employees and demonstrate they have experienced a minimum 20 per cent revenue decline between 2019 and 2020.

As announced in the 2021 Budget, Ontario is investing more than $400 million over the next three years in new initiatives to support tourism, hospitality, culture, sport and recreation sectors. This builds on investments of $225 million announced earlier, bringing the total support for these sectors to more than $625 million since the pandemic began.

Small business owners can use the grant in whatever way makes the most sense for their business. Applications for this grant will close on Friday, June 25, 2021. For information on eligibility and how to apply, visit www.ontario.ca/covidsupport.

 

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