The Abbotsford Chamber of Commerce is encouraging eligible small businesses to apply for the Securing Small Business Rebate, which recently opened its application portal.
Administered by the BC Chamber of Commerce, with $10.5 million in funding from the Province, this rebate is available to small businesses that have been affected by property crime and vandalism, or those who are looking to invest in prevention.
“Everyday businesses face an affordability challenge just to simply continue operations. This, paired with property crime and vandalism, adds to the burden on small business,” stated Alex Mitchell, CEO of the ACOC. “This new rebate program is one piece in reducing that burden, and we encourage all eligible small businesses to apply as the Chamber continues to advocate for more supports to reduce the burdens on Abbotsford’s businesses.”
There are two types of rebates, each retroactive to Jan. 1, 2023, through Dec. 31, 2024.
Reparative – Provides relief for costs not covered by insurance or the insurance deductibles for those costs. Available as a one-time rebate of up to $2,000 for each of 2023 and 2024.
Preventative – Provides relief for costs incurred to prevent damage to commercial property. Available as a one-time rebate of up to $1,000 for either 2023 or 2024.
The application portal will remain open until Jan. 31, 2025. For more information, visit bcchamber.org/securing-small-business-rebate.