Given the current pandemic situation, more and more organizations are encouraging their employees to work from home. But this move involves additional operational costs. Prince Edward Island provides financial assistance to its client organizations to help with this initiative.
Applying for funds through the program is easy as the whole process can be concluded on the Internet by filling up a form. This telework adaptation fund program is for businesses and community organizations that are based in Prince Edward Island. From assisting in applying the grant to working efficiently from home via smart ways, Let’s Nurture will help businesses and companies with the process.
This program aims to encourage employees of various business organizations operating before December 31, 2019, to work from home for a minimum of 60% of their pay period.
Organizations can apply for this program until October 30, 2020. All applications will be accepted either until this date or the exhaustion of funds.
The fund is available to only those business entities that have been operational in Prince Edward Island before December 31, 2019. Such entities can apply for 75% of costs related to remote operation from home by employees for the period ranging from April 1, 2020, to February 23, 2021.
A company can apply for each of the branches individually. Two applications for the same location by a company will not be accepted.
The information you need to provide for the processing of your application form include the following:
As far as the organization details are concerned, you need the following:
In connection with the telework adaptation project information, a company needs to furnish the following data:
Once you file your application form, the concerned representatives will carry out a thorough assessment of all the details. It will take two weeks. They will assess how their support to the remote working capabilities of your workforce impacts the overall output of your business venture.
If they feel the need for further information, one of their representatives may contact you. You will be responsible to provide the requisite information to the staff members who are in charge of it.
If your application is approved, they will send you the following:
After incurring the expense, you will be required to hand over the payee registration and project claim forms to them. For the smooth processing of your payment, please ensure you return these forms before February 28, 2021.
For a follow-up audit, please ensure that you keep all the relevant documents relating to your application and the utilization of funds for six years ready. This move will help you produce all the supporting documents as and when it is required. Also, it will help you get through the audit process with a clear report.