grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|openingDateNovember 09, 2023
  • grant_single|closingDateDecember 15, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
grant_single|grantors
  • Government of Manitoba
  • Department of Economic Development and Training (MN)
grant_single|status
grant_card_status|closed

grant_single_labels|preview

Your SME could get a 50-50 cost-shared grant up to $100,000 towards the development and commercialization of a new innovative product.

grant_single_labels|projects

There are eligible activities for the Innovation Growth Program grant:
  • Building commercial scale prototypes
  • Testing, trial runs in an operational environment
  • Obtaining certification, and registering intellectual property
  • Adapting commercially viable products for a new market
  • Market development or expansion activities
  • Commercial scale up activities, such as testing, obtaining certifications, packaging, translation, etc.
grant_single|admissibleProjectsExample

$17,500

Toronto
Certifying and registering IP for a new AI-driven healthcare app

$35,000

Winnipeg
Developing a commercial scale prototype of an electric snowplow

$22,500

Montreal
Adapting a smart home security system for international markets

grant_single_labels|admissibility

The Innovation Growth Program (IGP) provides cost-sharing assistance to Small and Medium-Sized Enterprises (SMEs) in Manitoba to commercialize new innovative products and processes, with a focus on reducing risks, accelerating growth, and strengthening financial positions.
  • 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 affiliates on a consolidated basis.
  • Demonstrate owner investment of $25,000 in cash equity invested in the business prior to application.

grant_eligibility_criteria|who_can_apply

There are eligible types of companies for the Innovation Growth Program grant in Manitoba, Canada. Eligible applicants include 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, with annual revenue of $15 million or less, or fewer than 100 full-time equivalent employees.
  • For-profit, taxable Canadian Controlled Private Corporations with a permanent establishment in Manitoba
  • Annual revenue of $15 million or less, or fewer than 100 full-time equivalent employees
  • Demonstrate owner investment of $25,000 in cash equity invested in the business prior to application

grant_eligibility_criteria|who_cannot_apply

Some types of companies are not eligible for the Innovation Growth Program grant in Manitoba. Specifically, not-for-profit organizations, professional practices regulated by governing bodies, businesses primarily earning passive income, and Crown corporations, municipalities, towns, or organizations owned or controlled by those groups are ineligible for this grant.
  • Not-for-profit organizations
  • Professional practices regulated by governing bodies
  • Business operations primarily earning passive income
  • Crown corporations, municipalities, towns, or organizations owned or controlled by those groups

grant_eligibility_criteria|eligible_expenses

The eligible expenses for this grant include costs related to building commercial scale prototypes, testing, obtaining certifications, adapting products for new markets, market development activities, commercial scale up activities, and internal labor costs for net new Manitoba employees.
  • Legal fees associated with intellectual property registration
  • Designing and building commercial scale prototypes
  • Tools and molds
  • Testing costs and certifications
  • Third-party advisory or technical services
  • Business to business tradeshows or events for securing distributors

grant_single_labels|criteria

There are evaluation and selection criteria for the Innovation Growth Program grant in Manitoba.
  • Quality of The Project
  • Market for the Innovation
  • Management Capacity
  • Commercialization Plan and Business Model
  • Investments Secured
  • Benefits to Manitoba

grant_single_labels|register

  • Step 1: Review Eligibility Criteria
    • Understand the eligibility requirements outlined for applicants.
    • Evaluate if your company meets the eligibility criteria, such as being a for-profit, taxable Canadian Controlled Private Corporation with a permanent establishment in Manitoba.
  • Step 2: Prepare Required Documentation
    • Complete the IGP Application Form in Word format.
    • Gather necessary financial documentation such as the corporation's most recent T2 tax return, year-end Financial Statement, and proof of confirmed funding from all other sources.
  • Step 3: Submit Application
    • Ensure all required documents are included.
    • Submit the electronic copy of the completed IGP Application by the closing date to the provided email address.
  • grant_single_labels|contact

    ecdevprograms@gov.mb.ca
    204-945-2475
    Apply to this program