News & Media

Business incubators very busy

These days the CEOs of Winnipeg's two largest business incubators have no problem coming up with names of companies they've worked with which have made it as a success out on their own.

That's not always been the case over the last 10 years.

There is a real renaissance of small business start-ups in Winnipeg and that means the business incubators are very busy.

Incubators or accelerators -- there's now a defined difference between organizations that work with rank startups and those with businesses that have already started making some sales -- provide a host of financial, marketing and mentoring support to new businesses with promise.

Both Marshall Ring at the Manitoba Technology Accelerator (MTA) (formerly Bio-Medical Commercialization Canada) in the Exchange District and Gary Brownstone of The Eureka Project at the University of Manitoba's Smartpark talk about the high quality and volume of new businesses coming forward.

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