Purpose:

The purpose of this program is to offer assistance to businesses within the City of Lacombe who are the victims of vandalism and facing a potential loss of business.
 
Who can use this program?

  • Any active Echo Energy or Placemaker Business
  • Each business may only apply once in a calendar year


How much funding is available to a business?

  • Fund Maximum of $5000/year
  • $1000 - $3000 available per claim
  • $500 gift from Echo and the remainder as an interest free loan to be repaid within 90 days


What type of act qualifies for funding?

  • Acts of Vandalism
  • Damage to Property
  • Loss of Business Days


What type of act does not qualify for funding?

  • Damage resulting from the absence of regular or required maintenance
  • Damage caused by forces of nature


Approval Process

To be eligible an application must include a:

  1. Police Report File Number
  2. Proof of Valid Insurance
  3. Copy of Invoice / Receipts within 24 business hours (i.e. Business owner opts to fix the issue themselves by purchasing materials from hardware store)


Procedure

Applicants will be required to submit the required information online at www.echolacombe.ca, email to glapointe@lacombe.ca or in person at the Lacombe Memorial Centre, 5214 50 Avenue Lacombe AB T4L 0B6.

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Small Business Emergency Fund