Carberry-based MSP Starch Products Inc., the largest potato starch producer in Canada, is getting into the food ingredient business.
We Are In This Together: COVID-19 Resources
Learn the Latest in Manitoba
BAM is here to support Manitoba organizations who are working to develop tools and resources related to the COVID 19 pandemic.
Here you will find key information about potential funding opportunities, subsidies and training related to assisting your organization in these challenging times. We will be updating this page regularly to help support Manitoba's bioscience community, as we navigate through these changes together.
We are in this together...
Back to work Manitoba Wage Subsidy extended
The Back to Work Manitoba initiative is a hiring program designed to support Manitoba's economic recovery by encouraging Manitoba employers to bring back their employees or take on new hires. The program covers 50 per cent of wage costs between July 16 and December 31, 2020. Employers can be supported to hire up to 20 employees.
September 14, 2020 Program Update: Employers can apply under Back to Work Manitoba to rehire students that they previously employed under a summer wage subsidy program. This includes employers that previously hired students through the Manitoba Summer Student Recovery Jobs Program, Canada Summer Job Program and Green Team Program. The student must have been laid off and then rehired on or after September 14, 2020 to be eligible.
Canada Emergency Business Account (CEBA) extended
CEBA has been extended to October 31, 2020, making the program accessible longer to Canadians.
Originally launched on April 9, 2020, CEBA is intended to support businesses by providing financing for their expenses that cannot be avoided or deferred as they take steps to safely navigate a period of shutdown, thereby helping to position businesses for successful relaunch when the economy reopens. This $55 billion program provides interest-free loans of up to $40,000 to small businesses and not-for-profits.
ICTC's Work Integration Learning Program: Funding Opportunity
Work Integrated Learning (WIL) program offers a digital wage subsidy program for registered Canadian businesses for hiring any students registered in post-secondary studies in Canada. This program also applies to non-profits and charity's registered in Canada.
The subsidy covers 50% of wages (capped at $5,000) for a 4-month WIL DIGITAL placement offered within Canada to a student who meets the eligibility criteria.
The program focuses on the following emerging IT and digital sectors including artificial intelligence, cybersecurity, fintech, intelligent retail and advanced manufacturing. However, entertainment and gaming, e-health, engineering, connected transportation, big data and green technology are also eligible for wage subsidies.
Mitacs COVID-19 Fund
If you are company/prof has a timely project that may address a COVID-19 related research challenge, Mitacs will provide the following on an exception basis:
- Leverage of 3:1 ($11,250 from Mitacs and $3,750 from non-academic partner for each 4 month unit/project) vs. standard Accelerate 1:1 matching
- Fast-tracked application processing
For details and application, contact Brent Wennekes at email@example.com
Mitacs and AGE WELL Innovation Fund to support seniors during COVID-19
Mitacs and AGE-WELL in partnership announced their funding program to support seniors during COVID-19. Under this funding program, to expedite COVID-19-related research and development, enhanced leveraged funding is available for small- and medium-sized businesses from a special Mitacs initiative. Eligible projects related to COVID-19 are being fast-tracked to ensure a quick start.
Additional funding is available for post-secondary and business partnership initiatives that address the unique issues faced by older adults and their caregivers in the context of COVID-19. Eligible businesses can get up to $20,000 from a $3,750 investment for a four-month research intern.
The eligibility and details of the program is outlined here.
Biotalent Canada's Student Work Placement Program
This program offers up to $7,000 in co-op wage subsidies to bio-economy employers to hire students registered in STEM, business programs and all other programs at Canadian post-secondary institutions.
It covers the cost of a co-op student’s salary by 50% up to a maximum of $5,000 and 70% up to a maximum of $7,000 for first-year students and under-represented groups.
For details, click here
Subsidies offered by the Federal Government
Here is an infographic on different subsidies made available by the federal government. See what fits best for you as an owner of an organization or as an employee.