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Manitoba community enterprise development tax credit
Refundable tax credit for community enterprise investment
Last Update: May 25, 2026
Funding available
$ 60,000
Timeline
- Receipt of requests is now closed
Location
Winnipeg, Manitoba, Canada
Overview
Manitoba investors and corporations can receive a refundable tax credit of up to 45% on eligible share investments. Approved issuers can raise up to $3 million in shares, subject to the program’s conditions.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Improve governance or administrative structure
Eligible Funding
- Maximum amount : 60,000 $
- Up to 45% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Other services (except public administration)
- Public administration
Location
- Winnipeg
- Manitoba
Legal structures
- Non-financial cooperative
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 200 employees maximum
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Issuing shares to raise capital for community-based enterprises in Manitoba.
- Investing through a community development investment fund in approved community enterprises.
Documents Needed
- Application form
- Articles of incorporation and by-laws
- Most recent annual financial statements
- Most recent income tax return and CRA notice of assessment
- Business plan summary and current shareholder list
Eligibility
Who is eligible?
- Cooperatives incorporated under The Cooperatives Act
- Taxable Canadian corporations incorporated under The Corporations Act
- Community development investment fund corporations
Who is not eligible
- Businesses primarily involved in gaming, performing arts, sports, seasonal recreation, or professional services.
- Businesses primarily earning income from property, management services, maintenance, or farming-related activities.
- Businesses primarily providing educational, health care, or social services unless recognized by the minister.
Eligible expenses
- Equity investments in approved community enterprises
- Share subscriptions under approved share issuances
Ineligible Costs and Activities
- Investments that exceed the investor share limit.
- Share issuances that are not approved under the program.
Eligible geographic areas
- Manitoba
Processing and Agreement
- Applications are reviewed by the Economic Programs Branch.
- Only complete applications are considered.
- Approval is issued by the minister or authorized delegate.
- Approved issuers must follow ongoing reporting and compliance requirements.
Additional information
- The tax credit is refundable, meaning it can result in a cash refund if it exceeds taxes owed.
- The program has become a permanent fixture within Manitoba's tax credit offerings.
- The T2CEDTC (MAN.) receipt issued for the investment features a unique serial number provided by the Manitoba government.
- Program documents and applications are available in alternate formats upon request.
Contacts
Frequently Asked Questions about the Manitoba community enterprise development tax credit Program
Here are answers to the most common questions about the Manitoba community enterprise development tax credit. 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 Manitoba community enterprise development tax credit?
Manitoba investors and corporations can receive a refundable tax credit of up to 45% on eligible share investments. Approved issuers can raise up to $3 million in shares, subject to the program’s conditions.
How much funding can be received?
Manitoba community enterprise development tax credit Funds up to 45% of admissible expenses, capped at $60,000 per project.
Who is eligible for the Manitoba community enterprise development tax credit program?
To be eligible for the Manitoba community enterprise development tax credit program, you must:
Must be a Manitoba cooperative or taxable corporation
Active business use required
Must be pre-approved to issue shares
What expenses are eligible under Manitoba community enterprise development tax credit?
Issuing shares to raise capital for community-based enterprises in Manitoba.
Investing through a community development investment fund in approved community enterprises.
Who can I contact for more information about the Manitoba community enterprise development tax credit?
You can contact Government of Manitoba by email at ecdevprograms@gov.mb.ca or by phone at 204-945-7343.
Where is the Manitoba community enterprise development tax credit available?
The Manitoba community enterprise development tax credit program is available the province of Manitoba.
Is the Manitoba community enterprise development tax credit a grant, loan, or tax credit?
Manitoba community enterprise development tax credit is a Tax Credits