📋 Eligible Entities - Small to medium-sized businesses (SMBs) looking to start operations or expand - Businesses in eligible sectors (varies by program administrator and region) - Entities with a valid business registration in Canada - Organizations must demonstrate a legitimate business purpose for the leased space - Both incorporated companies and sole proprietorships may qualify (subject to regional criteria) ### 💰 Funding Details - Grant amount: Up to $6 per square foot of rental space per month - Duration: 12 months of support - Repayability: Non-repayable grant (forgivable funding) - Matching requirement: None specified; this is a direct incentive program - Maximum total: Calculated based on total rentable square footage × $6 × 12 months - Example: A 5,000 sq ft leased space = up to $360,000 total over one year ($5,000 × 12) ### 🛠️ Approved Expenses - Monthly commercial rent or lease payments for business premises - Lease-related costs directly tied to occupying rental space - Eligible rental space includes office, retail, manufacturing, or warehouse facilities - Expenses must be for newly leased space or space used for business expansion - Landlord payments only; personal or residential lease costs are excluded ### ⚠️ Conditions & Milestones - Grant is provided on a monthly basis over a 12-month period - Business must maintain active occupancy of the leased space throughout the funding term - Monthly rent invoices and proof of occupancy (lease agreement) must be submitted - Funding stops if the business vacates the premises before 12 months - Business must remain in good standing and comply with all program requirements - Lease agreement must be signed before or at program application date - Regional eligibility criteria and sector restrictions may apply depending on jurisdiction - Funds are disbursed upon verification of rent payment and occupancy
À propos de ce programme
Le programme d’incitatifs à la location verse jusqu’à 6 $ par pied carré de superficie locative par mois pendant un an pour aider les entreprises à démarrer ou à prendre de l’expansion.
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