National Post (National Edition)

Toronto offers help to small business

- FATIMA SYED For more news about the innovation economy visit www.thelogic.co

The City of Toronto is launching a new program to create online stores by the end of August for 3,000 small businesses and retailers impacted by the coronaviru­s pandemic.

Launched Monday, the program, titled ShopHere, is an effort led by Digital Main Street (DMS), a city-backed initiative started by the Toronto Associatio­n of Business Improvemen­t Areas to train business owners on how to use online tools and resources. DMS is also supported by Google, Mastercard, Rogers, Shopify and Microsoft, among others.

As a result of the coronaviru­s pandemic, the city tripled its DMS budget in mid-April from $240,000 to $825,000 to help businesses grapple with online operations as many were ordered to close.

ShopHere goes one step further and creates the online stores for them. Among those eligible are businesses with fewer than 10 employees; restaurant­s with fewer than 25 employees; and Toronto-based artists. The city estimates 49,501 businesses fit the profile. All businesses must have been paying commercial property taxes to the city, and cannot be corporate chains or franchises.

“This is a great collaborat­ion of Toronto’s tech community coming together and realizing that 70 per cent of Main Street retailers won’t be able to make rent,” said Chris Rickett, director of the City of Toronto’s COVID-19 business mitigation and recovery. “We all recognize what makes Toronto great is our lively streets and those that make it [so].… We all want to move them online so they can survive this.”

To do that, the program has recruited “an army of volunteer website developers” who have so far agreed to build 750 online stores. Yousuf Khatib, CEO and cofounder of Global Skills Hub, a Toronto-based recruiting company, said that when it put out a call for assistance for ShopHere, over 70 developers responded within 24 hours. The firm, along with Scotiabank, are among those that have pledged to volunteer their staff.

The City has also hired 50 students from York University’s Schulich School of Business to help firms learn how to operate the stores, including things like putting up inventory, digital marketing and curbside pickup.

The program is funded largely by the City of Toronto, with a financial commitment from Shopify, the value of which an official did not share.

Participat­ing tech companies are offering credits to businesses: Google and Facebook are providing ad credit; eBay is providing shipping credits and access to its platform; and Mastercard is offering cybersecur­ity software. Toronto-based Ritual will also integrate its online ordering platform for eligible restaurant­s.

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