The Manitoba government is providing more than $900,000 through the Innovation Growth Program to help Manitoba-based businesses develop and commercialize innovative products and processes, Economic Development, Investment and Trade Minister Cliff Cullen announced today.
“As a fundamental part of Manitoba’s Economic Growth Action Plan, the Innovation Growth Program provides funding to Manitoba-based small and medium-sized businesses to support the development of innovative products and processes,” said Cullen. “By mitigating some of the risks associated with developing innovative products, this program helps accelerate the economic growth of Manitoba businesses and improves their competitiveness in the global market.”
The Innovation Growth Program launched in June 2019 to augment the Manitoba government’s suite of business incentives. The program provides up to $100,000 in non-repayable grants on a 50-50 cost-sharing basis for eligible projects that develop and commercialize innovative products or processes.
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