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CDEM — Financing - MN - Canada
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CDEM — Financing

Loans for Manitoba Francophone entrepreneurs
Economic Development Council for Manitoba Bilingual Municipalities (CDEM)
Last Update: March 4, 2026
Funding available
No Condition
Timeline
  • Open Date : February 9, 2024
  • Closing date : March 25, 2024
Location
MN, Canada

Overview

Loans for Francophones to finance start-up, expansion and creation of an export division.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Develop strategic partnerships
  • Access new markets
Eligible Funding
  • No Condition
Timeline
  • Open Date : February 9, 2024
  • Closing date : March 25, 2024

Eligible candidates

Eligible Industries
  • All industries
Location
  • MN
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Language Minorities

Next steps

1
Determine your project
2
Validate your eligibility

Eligibility

Who is eligible?

The grant is specifically targeting Manitoba businesses primarily owned by Francophones, which means they should have a minimum of 50% Francophone ownership. The businesses must either be operational or slated to operate in Manitoba and need to accompany their loan request with a detailed and reasonable business plan that demonstrates commercial viability and repayment capability. Furthermore, applicants must show that they have exhausted all other reasonable avenues for financial support but were unable to secure it.

Who is not eligible

There are specific types of companies that are not eligible for the CDEM Investment Fund grant. To qualify, a business must:

  • Be owned by Francophones who own at least a 50% interest in the business.
  • Operate or is about to operate in Manitoba.
  • Submit a reasonable business plan demonstrating commercial viability and repayment ability.
  • Show efforts in exploring other financing options before seeking support from the fund.

Eligible expenses

This investment fund provides financial support for businesses owned by Francophones in Manitoba, supporting new ventures and growth activities. Eligible projects mainly focus on business start-up, expansion, and diversification plans.

  • Business start-up activities for new ventures.
  • Expansion projects to grow existing businesses.
  • Diversification initiatives to expand business offerings.

Eligible geographic areas

This grant specifically targets businesses operating or about to operate in Manitoba. This geographic focus ensures support for Francophone-owned enterprises within the province.

  • Businesses operating in Manitoba.

Additional information

Here is additional relevant information about the CDEM's Investment Fund:

  • CDEM is a partner with Western Economic Diversification and the Business Development Bank of Canada in managing a risk capital fund for Manitoba Francophone businesses.
  • Joel Lemoine is the contact person for inquiries regarding business services, including the Investment Fund, at CDEM.

Contacts

jlemoine@cdem.com

Frequently Asked Questions about the CDEM — Financing Program

Here are answers to the most common questions about the CDEM — Financing. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the CDEM — Financing?

Loans for Francophones to finance start-up, expansion and creation of an export division.

What is the deadline to apply?

The application deadline for this grant program was March 25, 2024.

Who is eligible for the CDEM — Financing program?

To be eligible for the CDEM — Financing program, you must: The business must be owned by one or several Francophones who own at least a 50% interest in the business. The business must operate or be about to operate in Manitoba. A loan request must be supported by an appropriate and reasonable business plan showing potential commercial viability and the ability to repay.

Who can I contact for more information about the CDEM — Financing?

You can contact Economic Development Council for Manitoba Bilingual Municipalities (CDEM) by email at jlemoine@cdem.com.

Where is the CDEM — Financing available?

The CDEM — Financing program is available the province of MN.

Is the CDEM — Financing a grant, loan, or tax credit?

CDEM — Financing is a Loans and Capital investments

Who are the financial supporters of the CDEM — Financing?

CDEM — Financing is funded by Economic Development Council for Manitoba Bilingual Municipalities (CDEM)

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