This fund provides new and existing businesses with financial assistance to access professional services. The PSF is a cost-sharing agreement between SBS and the client, wherein upon approval, SBS covers 75% of professional costs, up to a maximum of $1,000 and the client’s contribution is 25%. Funding for this program is limited to one financial contribution per client per fiscal year. The preparation/writing of the business plan is not considered an eligible cost. Examples of eligible professional services are financial statement preparation, taxation, incorporation, intellectual property issues, lawyers, consultants, technical specialists, graphic artists and website developers.
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