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

Get a Fast Business/Personal Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

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.

Similar funding programs

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Funding for businesses, universities, colleges or research institutions looking to develop and bring to market new products and services and adapt new technologies. Can be conditionally repayable.
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Atlantic Canada Opportunities Agency - Atlantic Innovation Fund
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Financial support for small and medium size businesses, developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada. Extensive funding awarded for large research and development projects.
Max Funding $10,000,000.00
NRC IRAP
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Funding of $10,000,000 and more for innovative projects across multiple industries. Multiple Streams available: Business Innovation and Growth (Stream 1–3) plus Collaborations and Networks (Stream 4 & 5).
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