Lytton Business Restart Program-Funding overview

Accepting applications until March 31, 2026, or until program funds are fully committed.


1. Funding overview

Eligible businesses can apply for repayable or non-repayable contributions in one of these two funding streams: the Rapid Restart stream or the Small Business Recovery stream.

Rapid Restart stream (for returning businesses)

Funding:
  • Up to $20,000
Repayment terms:
  • Non-repayable

Small Business Recovery stream (for new and returning businesses)

Funding:
  • Up to $1 million in total combined funding from the following sources:
    • Non-repayable contributions of up to $500,000 for core businessesFootnote *
    • Non-repayable contributions of up to $100,000 for non-core businesses
    • Interest-free repayable contributions of up to $1 million for core and non-core businesses
Repayment terms for repayable contributions:
  • Up to $100,000:
    • Begins 1 year after project completion
    • Repaid in installments over 5 years
  • Over $100,000:
    • Begins 2 years after project completion
    • Repaid in installments over 8 years
  • No collateral required or penalty for early repayment
  • Contributions may be non-repayable for businesses critical to Lytton’s economic recovery

PacifiCan will work with each business to identify eligible project activities and costs, and to determine the total amount of available funding.

Eligible costs

PacifiCan funding can cover reasonable, incremental and essential project costs including:

Ineligible costs

Funding does not cover unreasonable or unrelated costs including:

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2025-08-14