Business Grants Program

The Town of Peace River is committed to supporting business development and investments that create jobs, stimulate the local economy and expand a diversified tax base. The Business Grants Program provides financial assistance through grants designed to stimulate business development, building activity and continued local employment. The program encourages reinvestment in buildings and property throughout the Town, and the development and expansion of tourism-based products and services. The program was established by the Business Grant Program Policy.

This program establishes two grants. 

Find the program details for each:

1. Business Revitalization Grant Details
2. Tourism Enhancement Grant Details

Grant Application – Intake 3

Funding is still available! Submissions for this grant period will be accepted until Monday, November 27, 2023 

Application: Business Grant Application Form-TPR

For Intake 3 only, select policies have been relaxed to increase eligibility during the Program’s inaugural year.

What’s (temporarily) changed?

• Work occurring anytime in 2023 is eligible for reimbursement.
• For projects that have not yet begun, 1 quote (instead of 2) is required as a part of the application.
• For projects that are already complete, no quotes are required (but invoices and proof of payment continue to be).
• The minimum grant amount for the Revitalization Grant is $1,250.

Grant Application Submission

Please review the program details before applying, to ensure you have a full understanding of the program and the processes for reimbursement.

Completed grant applications should be submitted by email to:

ecdev@peaceriver.ca

Please include the subject line:
Business Grant Program Application

Applicability and Grant Provisions

Business Grant Evaluation & Reporting

• The amount of funds reimbursed will be based on the project’s actual hard costs.
• Fund reimbursement will not be made if the individual or business is in default of taxes owing, or an obligation funded by any other municipal program.
• Grant funding will be disbursed once the grant report has been submitted, and has been confirmed as matching the grant application proposal.
• Business Grant Program funding will not be considered for a property that has received Town funding related to a similar project at the same address within five years of grant application.
• Business Grant Program project and participants are required to secure and comply with:

1. permit requirements
2. provincial building codes
3. applicable statutory plans
4. the Town’s Land Use Bylaw
5. the Town’s Business License Bylaw
6. additional relevant federal or provincial legislation
7. all municipal bylaws

• The grant applicant is responsible for payment to contractors. The Town will not pay contractors directly.
• Applicants that have overdue or incomplete reporting related to a previously-approved Town of Peace River grant project will be considered ineligible.

The Town reserves the right to accept, reject, or modify any application and render decisions regarding complete applications as:

• Approval
• Approval with conditions
• Refusal