Innovation Growth Program

• Quality of the project
• Market for the innovation
• Management capacity
• Commercialization plan and business model
• Investments secured and benefits to Manitoba

• Applications are pre-screened for eligibility and completeness
• Full proposals are reviewed competitively by a panel and subject matter experts
• Applicants not selected receive feedback and may re-submit in future intakes
• Approved applicants must sign a funding agreement before payment
• Performance data is collected after funding is received

Here are additional relevant details for this grant:

• The IGP provides a non-repayable grant, meaning the funds do not need to be paid back.
• A competitive process evaluates applications, and only the strongest that meet the program objectives are considered for funding.
• Reimbursement is contingent upon proof of payment for expenses related to the project.
• The government’s contribution will not surpass 50% of total project costs, including support from all government levels.
• Project activities must be completed within one year from the application intake closing date.
• The grant prohibits reimbursement of expenses incurred before the application intake closing date.
• Applicants must demonstrate matching funds from non-government sources equal to at least 50% of eligible project costs.
• Funding disbursement is determined by satisfactory documentation and compliance with the terms of the funding agreement.
• Annual follow-up performance data collection will occur for six years post-funding, including financial statement reviews and employment data collection.