Up to $100,000 to cover up to 50% for Manitoba SMBs looking to develop and commercialize new innovative products and processes
Government of Manitoba - Innovation Growth Program
Type of Funding
Grant
Max Funding
100,000.00
Region
Provincial
Application Difficuty
Complex
Processing Time
Slow (A few months)
Province
Manitoba
Industry
N/A
Funding Goals
RnD/Innovation/Develop a product or service.
Demographic
N/A
Incorporated
Yes
Contact
ecdevprograms@gov.mb.ca
204-945-2770
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
Cost-sharing assistance for Manitoba SMBs developing and commercializing new innovative products and processes.
Eligibility
For-profit, taxable Canadian Controlled Private Corporations with a permanent establishment in Manitoba that pay at least 50% of total salaries and wages to Manitoba resident employees.
Annual revenue of $15 million or less, or fewer than 100 full time equivalent employees, including its affiliates on a consolidated basis.
Demonstrate owner investment of $25,000 in cash equity invested in the business prior to application. Cash equity is defined as common or preferred share capital and / or retained earnings.
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