Local business owners should take note of new changes to the Securing Small Business Rebate program.
To allow for a smoother and faster application process, the following updates have been made:
- Removing the requirement to provide an insurance claim when applying for funding through the reparative stream of the program. Applicants will now simply be required to provide the name of their insurance carrier and policy number.
- Permitting self-installation of measures. If equipment is self-installed, the rebate will be for eligible equipment only.
- Removing the requirement for the applicant to demonstrate there is vandalism in the community in order to be eligible for the preventative rebate.
- Removing the application deadline of Feb. 29, 2024, for preventative and reparative applications being filed for 2023. Applications will be accepted until the program ends in 2025.
Learn more and apply at bcchamber.org/securing-small-business-rebate.
Program Background
Recognizing the increased costs to businesses due to property crime and vandalism in rural and urban communities across the province, the Ministry of Jobs, Economic Development and Innovation has launched its $10.5 million Securing Small Business Rebate Program, which will provide small businesses with funds for eligible commercial property crime and vandalism repairs, or to implement eligible preventative measures.
The BC Chamber of Commerce will administer the rebate program and leverage its provincial network of 100 chambers of commerce and boards of trade and its myriad industry partners, including Business Improvement Areas, to ensure businesses from every sector and region of the province are aware of the rebate.
The BC Chamber of Commerce gratefully acknowledges the financial support of the Province of British Columbia through the Ministry of Jobs, Economic Development, and Innovation.
