How much funding can be received?

Get a wage subsidy of 15 to 25% (maximum $5,000 per trainee) for providing paid work and on-the-job training opportunities for high school and post-secondary co-op students, graduates and apprentices.

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This program is specific to companies situated within the province of Manitoba, Canada. The eligible geographical scope aligns with the regional economic and legislative framework of Manitoba.

Corporations and businesses based in Manitoba, Canada.

grant_single|admissibleProjectsExample

$20,000

Install energy-efficient HVAC systems in a community center

$50,000

Develop energy-efficient solar panels for residential use

$125,000

Introduce robotic machinery in a manufacturing facility

$75,000

Establish a wind turbine manufacturing facility

$37,500

Upgrade a food processing plant with new energy-efficient equipment

$87,500

Expand biomass energy production with new equipment

grant_single_labels|admissibility

Eligibility for the various corporate tax credits in Manitoba is determined by specific criteria related to the company's industry, location, and activities.

For the Manufacturing Investment Tax Credit, the company must acquire qualified plant, machinery, and equipment for first-time use in manufacturing or processing in Manitoba.
For the Film and Video Production Tax Credit, the company must produce eligible films in Manitoba, with eligible salaries paid to Manitoba residents and qualifying non-resident employees.
For the Book Publishing Tax Credit, the company must be engaged primarily in the business of publishing books and have a permanent establishment or be resident in Manitoba.
For the Cultural Industries Printing Tax Credit, the company must be a Manitoba printer with eligible salary or wages to employees engaged in book printing.
For the Research and Development Tax Credit, the company must carry out scientific research and experimental development in Manitoba with a permanent establishment in the province.
For the Paid Work Experience Tax Credits, the employer must hire certain types of trainee employees and recent graduates working in Manitoba, including co-op students and apprentices.
For the Green Energy Equipment Tax Credit, the company must be involved in the production and purchase of machinery and equipment used to generate renewable energy in Manitoba.
For the Child Care Centre Development Tax Credit, the company must create new child care centres with licensed spaces for infants or preschool children in workplaces.

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The Corporate Tax Credits in Manitoba have specific eligibility requirements based on the type of credit being applied for. Generally, eligibility can include businesses across various sectors, such as manufacturing, film production, digital media, book publishing, cultural printing, research and development, green energy, and child care development. These programs are available to corporations and businesses operating in Manitoba that meet the defined criteria for each credit. For precise eligibility requirements, applicants must consider the specific guidelines provided for each tax credit program.

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There are no explicit restrictions or excluded companies detailed in the context provided for this tax credit program. The eligibility criteria focus on positive conditions rather than exclusions.

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Several tax credits in Manitoba support a range of projects and activities, especially in the manufacturing, film, cultural, and clean energy sectors. These credits provide financial incentives for businesses to enhance their operations and contribute to the economic development of Manitoba.

Acquisition of plant, machinery, and equipment for manufacturing or processing purposes.
Production and development of eligible film and video projects in Manitoba.
Publishing of books that meet specific creative and environmental criteria.
Implementation of research and development projects within the province.
Creation of paid work experiences for students and apprentices.
Purchase and installation of renewable energy and energy-efficient equipment.
Development of childcare centers by corporations.

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The grant includes eligible expenses related to the promotion and development of various corporate tax credits in Manitoba.

Plant, machinery, and equipment for manufacturing or processing.
Energy-producing equipment from renewable sources.
Salaries for Manitoba residents working on eligible film or video productions.
Accommodation costs up to $250 per night for eligible film productions.
Labour costs for editing, design, project management, and other related activities in book publishing.
Printing costs, provided the book uses at least 30% recycled content paper.
Salaries or wages in the printer’s book printing division.
Research and experimental development costs.
Wages and salaries for trainee employees under Paid Work Experience Tax Credits.
Geothermal heating equipment purchases.
Solar thermal heating equipment purchases.
Biomass fuel energy equipment, installed and used in a business.
Expenses related to the creation of licensed child care centres by corporations.

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There are specific evaluation and selection criteria for this grant.

Applicants must demonstrate that the acquired property is for first-time use in manufacturing or processing in Manitoba.
Corporations must meet residency and production requirements as outlined in the program guidelines.
Qualified equipment must fall under eligible classes for tax credit consideration.
Applications should include complete and accurate documentation of the acquisition and use of qualified property.
Applicants should adhere to program deadlines and reporting requirements.

grant_single_labels|register

Step 1: Identify Eligibility
- Determine the specific tax credit program applicable to your business needs (e.g., Manufacturing Investment Tax Credit, Film and Video Production Tax Credit).
- Review the eligibility criteria stipulated by the applicable credit program.
Step 2: Gather Documentation
- Collect all necessary financial documents, invoices, and receipts that support your eligibility and claim.
- Prepare detailed records of any eligible expenditures or investments.
Step 3: Complete the Application
- Fill out the application form provided by the Manitoba Tax Assistance Office or relevant administering agency.
- Ensure all information is accurate and all sections are completed as required.
Step 4: Submit the Application
- Submit the completed application form along with all required documentation to the Manitoba Tax Assistance Office.
- You can submit the application by email, fax, or mail as per the instructions provided.
Step 5: Await Confirmation
- Receive confirmation of receipt of your application from the agency.
- Follow up for any additional information requests or updates on your application status.

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Here are additional relevant details for this tax credit program:

The program allows for carry-forward of unused tax credits up to ten years, providing flexibility when the corporation doesn't have enough taxable income to fully utilize the credit in the year it is earned.
An income tax election option is available, allowing taxpayers to renounce the Manufacturing Investment Tax Credit partially or fully, if needed.
The program is administered by the Canada Revenue Agency on behalf of Manitoba, indicating a streamlined procedure through federal tax administration channels.
Eligible equipment includes those used to produce energy from renewable sources and energy-efficient equipment, under class 43.1 of the Income Tax Act, indicating an emphasis on sustainable practices.

grant_single_labels|contact

explore@mbfilmmusic.mb.ca

204-948-2115

Apply to this program

Boost Your Business Innovation with the Manitoba Research and Development Tax Credit

The Manitoba Research and Development (R&D) Tax Credit is a provincial initiative aimed at encouraging companies to invest in innovative projects within Manitoba. By providing a tax credit on eligible expenditures, this program supports businesses in undertaking scientific research and experimental development, thereby fostering a culture of innovation and technological advancement.

In-depth Insights into the Manitoba R&D Tax Credit Program

The Manitoba R&D Tax Credit was designed to stimulate research and innovation by reducing the financial burden on companies that invest in experimental development activities. This initiative is particularly crucial for fostering a thriving ecosystem of innovation, encouraging local businesses to invest in groundbreaking projects that can result in enhanced competitiveness and market expansion.

Eligible corporations can leverage this tax credit to offset their Manitoba corporate income tax liability, improving their balance sheets and freeing up resources to reinvest in growth projects. This is part of a broader strategy to enhance the technological capabilities of businesses across various sectors, from manufacturing to digital technologies.

Unlike traditional loans or grants, the R&D tax credit provides immediate fiscal relief, which can be a decisive factor for companies engaging in long-term research projects. It is particularly beneficial for startups and SMEs, which are often constrained by limited access to capital but rich in innovative ideas and capabilities. By reducing tax obligations, these businesses can allocate more funds toward critical innovation expenditures such as hiring skilled researchers, acquiring essential equipment, or upgrading their technological infrastructure.

Furthermore, the flexibility of the R&D tax credit allows businesses to tailor their projects in response to evolving scientific insights and market demands without the risk of losing funding. This adaptability ensures that innovations remain pertinent and can be adjusted to optimize their effectiveness and impact over time, encouraging sustained and iterative growth.

The program not only supports in-house R&D activities but also fosters partnerships between businesses and research institutions. This enhances the knowledge exchange and collaborative opportunities that are vital for advancing complex research initiatives and integrating cutting-edge technologies across industries.

Given the province’s emphasis on building a sustainable and innovative economy, the R&D Tax Credit acts as a catalyst for enterprises to contribute to broader societal goals through technological advancement, environmental sustainability, and economic diversification. Companies are encouraged to pursue projects that not only promise financial return but also enhance their contributions to the community and the province's economic resilience.

The Manitoba R&D Tax Credit underscores the importance of innovation-driven growth, demonstrating the provincial government's commitment to supporting businesses as they venture into new technological frontiers. Whether it's optimizing existing processes, developing new products, or advancing technological applications, the tax credit provides a robust framework for businesses to achieve these objectives while remaining financially viable.

Ultimately, this tax credit is more than just a fiscal incentive; it represents a strategic investment in Manitoba's innovative potential, ensuring that businesses can thrive and remain competitive in an increasingly innovation-centric global market. By removing financial barriers to R&D, the program emboldens Manitoba businesses to be at the forefront of scientific discovery and technological innovation.

This forward-thinking approach to economic development positions Manitoba as a nurturing ground for businesses aiming to make significant strides in R&D, thereby contributing to a more prosperous and technologically advanced society.