Funding Opportunities

Funding Opportunities

Small Business Venture Capital Tax Credit

The Small Business Venture Capital Tax Credit (SBVCTC) provides a non-refundable Manitoba tax credit of up to 45% to individuals and corporations who acquire equity capital in eligible Manitoba enterprises. The program targets Manitoba companies that want to raise equity from higher net worth individuals, with a minimum investment of $10,000 per investor. Corporations must be pre-approved to issue shares and must demonstrate that they are:

  • A Canadian Controlled Private Corporation (CCPC) with a permanent establishment in Manitoba;
  • Assets are used in active business;
  • Revenue generated from active business;
  • At least $25,000 cash equity already invested;
  • A small business with:
     - Annual revenue less than $15 million; or
     - Less than 100 full-time equivalent employees
  • At least 25% of employees reside in Manitoba; and
  • Not a Reporting Issuer.

Approved corporations have a $10 million lifetime limit on shares issued.

Investors can invest a maximum of $500,000 per company.

For more information, visit:


Prairies Economic Development Canada

Do you have line of sight to the next growth opportunity for your company?  If you’re ready to grow, we’re ready to talk. 

Prairies Economic Development Canada offers interest-free, repayable growth capital to incorporated small and medium-sized companies who are looking to expand into new markets, increase their productivity and capitalize on changing market conditions.

Our Jobs and Growth Fund is designed to support inclusive job creation, enhance competitiveness and build resiliency as your business grows.  The Business Scale-up and Productivity (BSP) Program is tailored to help companies accelerate their growth by supporting productivity innovation, scale-up activities and technology commercialization.  

Apply today, or contact our Manitoba office (204-983-4472 or to discuss either of these opportunities.

Bioindustrial Innovation Canada

BIC is a nationally focused not-for-profit business accelerator who provides critical strategic investment, advice, and services to business developers of clean, green and sustainable technologies. BIC is currently seeking Letters of Intent (LOI) for research projects to be considered as part of BIC’s BioProducts AgSci Cluster under an anticipated Agriculture and Agri-Food Canada (AAFC) policy framework (2023-2028).

The BioProducts AgSci Cluster is a pre-commercial science and technology cluster funded by AAFC as part of their Agriscience policy framework and initiatives.

Examples of project focus that fit the criteria include the following sub-areas:

Biofuels & bioenergy
Biochemicals & co-products
Biomaterials & biocomposites (including biochar and bio-based soil amendments)
Biomass Supply to Bioproducts (e.g. feedstocks quality, logistics, etc.)

Full details of the LOI can be found in the accompanying documents. We encourage interested applicants to submit a Letter of Interest to the BIC’s BioProducts AgSci Cluster, no later than Friday, February 11, 2022, 5:00pm EST.

All submissions are to be sent to Michael Faba, BIC Project Manager, at

 Conservation and Climate Fund

The Climate and Green Plan Implementation Office with the Department of Environment, Climate and Parks would like to let you know that the Conservation and Climate Fund is currently accepting applications.

Grants will be available for selected projects that support current priorities and align with at least one of three categories: clean technology, water, nature and resilient landscapes.

Eligible applicants include incorporated non-profit organizations, academic and educational institutions, municipalities, businesses, northern and Indigenous communities.

The application intake is open May 10 until June 17.

For more information and how to apply, visit;

Canada-Manitoba Job Grant

Intake 1 for the 2022/23 Canada-Manitoba Job Grant is NOW CLOSED. There will be another intake in September 2022.
You must download the new CMJG application. Applications submitted on previous versions of the application will NOT be accepted.

Eligible training dates include training that began on or after April 1, 2022 and ends on or before March 15, 2023.

COVID-19 related training is eligible for funding.

Due to the volume of applications, it can take several weeks before your application is reviewed and a funding decision made. An email will be sent to you as soon as a decision has been made. We thank you for your patience.

The Job Grant will contribute up to 75% of eligible training costs for small employers – those with 100 or fewer employees – and up to 50% for companies with 101 or more employees.

For more information and to apply, please visit: Job Grant