Fonds d'investissement conjoint pour la croissance et l'innovation du Manitoba ### 📋 Eligible Entities - Small and medium-sized enterprises (SMEs) operating in Manitoba - Businesses must be registered and in good standing with provincial authorities - For-profit corporations and sole proprietorships qualify - Businesses must demonstrate active operations in Manitoba - Foreign-owned enterprises may qualify if they have established operations in Manitoba - Non-profits and Crown corporations are typically excluded ### 💰 Funding Details - Maximum Grant Amount: $100,000 CAD per project - Cost-Sharing Structure: Equal matching ratio (50/50) - Government contribution: up to $50,000 - Business contribution: minimum $50,000 (cash or in-kind resources) - Repayability: Grant is non-repayable (contribution, not loan) - Funding Frequency: One-time funding per eligible project - Payment Structure: Funds typically disbursed upon milestone completion and proof of expenditure ### 🛠️ Approved Expenses - Product development and R&D costs (salaries, materials, equipment) - Market research and feasibility studies - Product commercialization activities - Technology adoption and innovation implementation - Prototype development and testing - Intellectual property protection (patents, trademarks) - Professional consulting fees (engineering, design, technical expertise) - Equipment and machinery directly related to product development - Marketing and launch activities for new products ### ⚠️ Conditions & Milestones - Business must invest equal or greater matching funds ($50,000 minimum) - Project must focus on a demonstrably new or significantly improved product - Clear commercialization plan required with realistic timelines - Eligible expenses must be incurred during the approved project period - Detailed financial reporting and receipts mandatory for all expenditures - Progress milestones must be met to trigger fund releases - Project must be completed within agreed timeframe (typically 12-24 months) - Recipient must retain intellectual property rights or demonstrate benefit to Manitoba economy - Regular progress reports and project updates required - Funding contingent on maintaining business operations in Manitoba throughout project duration