Town of Canmore

Business 2 Business Voucher Program

As part of the Town of Canmore Economic Recovery Plan, we have launched the Business 2 Business (B2B) Voucher program. Managed in partnership with Community Futures Centre West, this initiative connects local business owners with professional services in this uncertain time.

The B2B Voucher Program provides access to critical advisors and business service professionals to provide businesses with advice and services to build resiliency through the relaunch process. Eligible businesses can request funding of up to $2,000 for approved professional services to support a successful relaunch!

Applications will be reviewed on a first-come-first-served basis. The program will be offered until the total funding pot has been spent or December 31, 2020, whichever comes first.


- APPLICATIONS ARE NOW CLOSED -

We thank all who applied. We are reviewing applications and will contact you directly. 


Program Details

Eligible Businesses
Eligible Businesses Must:

•  Be located within the Town of Canmore
•  Hold a valid Business License
• Been in operation for a minimum of 6 months
•  Have demonstrated efforts to evolve business amidst the COVID-19 pandemic
• Employ at least two people aside from the business owner(s), this could include contract workers.

Successful applications that meet the minimum eligibility criteria will be referred to the Community Futures Centre West for an initial needs assessment and strategy development.
Eligible Professional Services
The voucher program will provide eligible businesses with additional coaching and/or technical training or services, which could include:

•  Human resource consulting
•  Up to 2 sessions with a mental health professional
•  Bookkeeping and accounting
•  Virtual business and automation assistance
•  Business operation strategies; recovery plans, and resiliency planning
•  IT support for remote work
•  Marketing support

Funding can be used for one or multiple areas; however, the maximum total funding per business will not exceed $2,000.

The Voucher Program cannot be used for: debt servicing, paying of wages or salary, purchases of inventory, operating expenses such as rent or capital expenditures.
Application Process
•  Complete the application form
•  Community Future Centre West will follow-up with a brief conversation to review the application, get clarification and might include a Business Needs Assessment via online video conferencing. 
•  Community Future Centre West and Town of Canmore Economic Development will review applications.
•  Approved funds should be used prior to December 31st, 2020.
Application Details

- APPLICATIONS ARE NOW CLOSED -

We thank all who applied. We are reviewing applications and will contact you directly. 


FAQs

What is the Business 2 Business Voucher Program? 
•  The Business 2 Business (B2B) Voucher Program connects local business owners with professional services to build resiliency through this uncertain time. Eligible businesses can request funding of up to $2,000 for approved professional services to support a successful relaunch.
•  This program will be managed by the Town of Canmore, in partnership with Community Futures Centre West.
•  While this program will help build resiliency in our business community, it is NOT a financial bailout program.
I got approved – now what? 
Once approved for identified support services, the eligible businesses must:

•   get a minimum of two quotes for each recommended service area,
•   request funding of up to $2,000, and
•   complete a graduation report upon completion of the program including financial accounting upon completion of the program.  

Funding applications will be assessed to the maximum dollar value, and businesses will be responsible for any additional costs outside of that approved amount. A contract is to be signed for services rendered.
I successfully received my services. What reporting do I have to do?
Upon completion of the service agreement the business will submit a graduation report to the Economic Development which includes:

•   Financial accounting spreadsheet
•   What was achieved and how it impacted your business
When is the application deadline?

- APPLICATIONS ARE NOW CLOSED -

We thank all who applied. We are reviewing applications and will contact you directly. 

Do I have to use a professional service within the Bow Valley? 
        Once approved for identified support services, the eligible businesses must get a minimum of two quotes for each recommended service area; request funding of up to $2,000, and complete a graduation report upon completion of the program.

Recipients of this program must use Canmore-based professional services to support our local economy unless these services are not available locally. Then, the services must be secured within the Bow Valley. 

 

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