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 Loan

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

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

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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