Supporting and transforming communities through entrepreneurship
PHASE 3 OF THE COVID -19
Economic Support Program
About the Program
The Government of Grenada, Ministry of Finance COVID -19 Economic Support Secretariat is pleased to announce the launch of the third phase of the Stimulus Package which will run from September 1st – December 31st, 2022.
This third phase of the stimulus package will take a new format by targeting new and existing small businesses through the provision of Economic Support in the form of capital incentives and concessions to successful applicants. The main goal of this stimulus package is to encourage business growth and expansion for individuals who are interested in beginning a new business or expanding an existing one. The government believes that investing in our homegrown businesses can boost our economy and the morale of our people by empowering them to support their families, employ persons, and contribute to community building in a significant way.
What Included
Max $ 30,000.00
100% Concession
Business training
Small Business Grant
and Concession
This component of the program is designed to help support small business owner whose income has been negatively affected by the impact of Covid 19 Pandemic. Successful applicants can receive a maximum of $30.000.00 for the purchase materials, tools, stock or to use as working capital. In addition a 100% concession is applicable to successful applicants who wish to import capital items for their businesses.
The Government of Grenada, believes that Small and Medium size businesses are the lifeblood of our economy and hold the potential to sustain our country through global economic shocks.
Small Business Grant
Parish Touch- Down
The CESS team will host touch-down events in every parish throughout the tri-island. These events will provide an opportunity for people to learn more about our grant program and to receive assistance in completing applications.
Next Event
October 1st, 10:00 am to 3:00 pm Victoria, St. Mark
Unemployment Benefits
Program
The Government of Grenada, through the Covid Economic Support Secretariat (CESS) has extended the Unemployment Benefit Assistance Programme. We invite applications from individuals whose income remains affected by unemployment caused by the pandemic.
Whats Included
$ 500 Monthly
4 months (sept-Dec 2022)
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News and Articles
News and articles related to the Covid economic stimilus program