Listen Live
HomeNewsFunding available for small businesses to help recover from COVID-19

Funding available for small businesses to help recover from COVID-19

The Department of Education, Culture and Employment (ECE) has announced new wage subsidies and funds designed to help the economy recover.

The GNWT received $3 million from the federal government as part of the Labour Market Recovery Program.

Minister of Education, Culture and Employment, R.J. Simpson, says the funding will support enhancements for individuals, employers, organizations and communities across the NWT.

Funding for the program will be distributed across the territory through three streams:

- Advertisement -
  • Labour Market Recovery Wage Subsidy – Supports employers recovering from the COVID-19 pandemic impacts by providing funding for a wage subsidy to hire and retain staff.
  • Labour Market Recovery Project Fund – For employers, organizations and community partners looking to implement projects that will have an impact on the recovery of the NWT labour market.
  • Community Support – Funding for all 33 NWT communities to hire local residents to address pandemic-related needs and support labour market recovery.

ECE says they will be connecting directly with all 33 communities across the NWT to provide the community support funding.

Employers or organizations interested in applying for either the wage subsidy or project funding can apply now by contacting their local ECE Service Centre.

- Advertisment -
- Advertisment -
- Advertisement -

Continue Reading