As the coronavirus continues to impact our world and our community, the Black Cultural Society of PEI has created the Black Business Pandemic Recovery Grants program (BBPR) to help assist local Black-owned businesses in responding to operational challenges created by COVID-19. The BBPR Grants program will provide microgrants to assist in stabilizing Black-owned businesses in Prince Edward Island where their funding has been reduced, or their operational costs have increased as a result of COVID-19.
Applications will be accepted from businesses operating on Prince Edward Island that are majority Black owned and operated and that have been registered, either provincially or federally, for a minimum of 12 months at the time of submission. Majority Black owned and operated means at least 50% + 1 of a business’ ownership and at least 50% + 1 of a business’ operating staff self-identify as Black.
What the Grant Will Fund:
● Incremental activities that are related to a previous or ongoing project that has been negatively impacted by COVID-19.
● Activities that have a demonstrable relationship to COVID-19 or that promote recovery from the impacts of COVID-19.
● Working capital and administrative costs for businesses in a recovery or rebuilding phase as a direct result of COVID-19.
Applicants may apply for a maximum of $5,000.