News & Media

Minister Glover Announces Support to Help Innovative Canadian Businesses Grow and Prosper in Manitoba

The Honourable Shelly Glover, Minister of Canadian
Heritage and Official Languages, on behalf of the Honourable Ed Holder, Minister of State
(Science and Technology), today announced the Harper Government’s investment in Manitoba
Technology Accelerator (MTA), which will support Manitoba’s innovative businesses to grow,
prosper and create jobs.

Through the Canada Accelerator and Incubator Program (CAIP), MTA will receive up to
$1.06 million in funding over the next five years, providing local entrepreneurs with the
resources and expertise needed to develop their business plan, seek follow-on financing and
new international markets for products and services. This organization plays an important role in
the venture capital system, serving as an invaluable resource for entrepreneurs to make
headway in a competitive global marketplace.

Quick Facts
? On June 20, 2014, Prime Minister Stephen Harper announced fifteen incubators and
accelerators chosen to advance in the selection process for CAIP, which is designed to help
outstanding small and medium-sized Canadian enterprises to grow, prosper and create
jobs.
? Delivered by the National Research Council of Canada Industrial Research Assistance
Program (NRC-IRAP), CAIP provides support in the form of non-repayable contributions to a
small and select number of best-in-class accelerators and incubators. Recipients will be
required to demonstrate matching contributions on at least a 1:1 basis during the period of
the contribution funding.
? The MTA is a not-for-profit business accelerator located in Winnipeg. MTA provides
commercialization support to help promising technology start-ups advance from “good
idea” to “investable business”.
? MTA adds value to its clients in three categories: (1) Facilities and Infrastructure; (2)
Mentoring and Active Participation; and (3) Finance and Investment Opportunities.

 

For more information, visit:  http://Prime Minister Stephen Harper helps Canadian startup companies to grow and prosper

 

http://www.mbtechaccelerator.com/

Back

Subscribe to the BAM Newsletter

Sign up for one of BAM's newsletter to learn more about bioscience, happenings in Manitoba's bioeconomy, industry conferences, and BAM training events.

Subscribe