As a small business owner or an entrepreneur looking to start a business in Manitoba, it’s essential to be aware of the various Manitoba small business grants available through the government.
This is a comprehensive guide detailing all you need to know about the available government grants for your small business in Manitoba.
Small business grants in Manitoba are specific, categorized, and well organized, making it easier to find and successfully apply for a business grant. It’s crucial to understand where to find information about these grants, how you can use the funds, the amount available, and the application process.
The Manitoba small business grants currently available include options such as environmental grants, agricultural grants, economic growth grants, technology advancement grants, arts industry grants, as well as grants for disabled entrepreneurs and women-owned business grant options.
Download the FREE 2024 Manitoba Grants Guide
Manitoba Small Business Grants
The Manitoba government offers a variety of small business grant programs.
These government grants typically come from local funding agencies focusing on Manitoba’s economic growth. However, many options also come from the provincial and federal governments of Canada, expanding the reach of all potentially helpful business grant options.
Types of Small Business Grants Available in Manitoba:
- One-time and renewable business grants
- Partial contribution grants
- Non-repayable government grants
Read this guide to learn more about the different types of government grants your small business in Manitoba may be eligible to apply for.
In addition to small business grants, other government funding options available to Manitoba business owners include government loans, tax breaks, and tax credits.
Learn the differences between government grants and loans here.
One-time and Renewable Business Grants
These grants are provided to cover various startup or expansion expenses. The one-time grants offer a lump sum to cover significant initial expenses, while renewable grants can support ongoing costs like training and wage support.
Partial Contribution Government Grants
These grants require you to contribute a portion of the funding. The government may provide a portion of the needed funds, but you’re required to match or contribute a certain percentage.
Non-Repayable Government Grants
These grants are particularly advantageous as they don’t require repayment. However, they are typically allocated for specific business needs and must be used as intended.
All available government grants in Manitoba and across Canada can be accessed via the Funding Database. This database includes grants, loans, tax breaks, and expert assistance in finding suitable options.
Applying for Small Business Grants
To effectively apply for a small business grant from the Manitoba government or the federal government of Canada, ensure you have:
- A comprehensive business plan
- Financial projections
- A PitchDeck presentation
- Knowledge of relevant funding programs
The Funding Database includes all small business grants, government loans, and tax options. Working with a funding expert can help you navigate the numerous available options and identify the best fit for your business.
Before applying, determine how much funding you need based on your business plan and startup or expansion costs. Funding amounts can vary greatly, so it’s essential to have a clear breakdown of your expenses.
Small business grants can be used for various purposes, including hiring and training, purchasing equipment, improving cash flow, marketing, and more.
For a full list of what government grants can be used for and to understand your eligibility, download the free Manitoba grants guide below.
