Yukon Disaster Financial Assistance Program

Amount:

$500,000

Type:

Grant

Description:

The Yukon Disaster Financial Assistance Program for Small Businesses helps business owners recover from a natural disaster. If the event causes significant damage to your small business, you can apply for funding to repair it.

Comments on Funding:

1. You can apply for a maximum of $500,000 per business.
2. You must submit 1 claim to recover all eligible costs.

Deadline:

Continuous Intake

Eligibility:

Applicants must be:

1. you’re a small business owner; and
2. an eligible natural disaster caused significant damage to your business.

3. Yukon small business is eligible if it meets the following requirements.
• You own at least 50 per cent of the business.
• You work as the day-to-day manager of the business.
• Your business was operating when the natural disaster occurred.
• Your business had a yearly gross revenue that is at least $10,000 and less than $2 million in the year preceding the disaster.
• Your business employs no more than 20 full-time employees.
• Your business is in good standing with:
• Yukon Corporate Registry; and
• Yukon Workers’ Safety and Compensation Board.

4. You are also eligible if you are a self-employed:
• fisher;
• trapper;
• logger; or
• harvester of other natural resources.

Application Steps:

1. If the Government of Yukon declares a disaster eligible, the Disaster Financial Assistance Program may be activated.
2. We’ll provide information about how to apply after the program has been activated for a particular disaster.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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