This program is designed specifically for small businesses like yours, offering a chance to access funding between $100,000 and $10 million. This financial support can help you offset costs for issuing new equity investments, allowing you to grow your business without worrying about repayment. You can use these funds for various needs, such as hiring new talent, upgrading equipment, or launching new products.

By applying, you not only gain financial support, but you also open new doors for attracting more investors. The fact that it’s provided as tax credits means you won’t need to pay them back, freeing you to focus on your business goals. With no minimum or maximum revenue requirements, this program empowers you to invest in your business without typical barriers.

Don't miss the opportunity to put your plans into action. It’s straightforward to apply and could lead to significant growth and success for your business.

Type of Financing

This program offers equity investments ranging from $100,000 to $10 million. You do not have to repay this funding like a loan. Instead, it helps offset costs associated with bringing in new equity, making it a valuable opportunity for growth without debt hanging over you.

Repayment Terms and Eligible Expenses

Since this is equity funding, there are no traditional repayment terms or interest rates. You can use these funds for a variety of eligible expenses, including:

• Expanding your operations
• Hiring new staff
• Investing in equipment or technology
• Marketing initiatives

Restrictions and Fees

Funds from this program cannot be used for personal expenses or expenses unrelated to your business’s growth. Additionally, make sure to check for any potential fees associated with participating in the program; while many offerings don’t have fees, it’s always wise to confirm beforehand.

• Location: Must be based in Manitoba.
• Equity Investment: Must issue new equity investments between $100,000 and $10 million.
• Employees: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None stated.

You can gain significant financial support for your business through this program. You could access funding between $100,000 and $10 million. This money can help you cover the costs of issuing new equity investments. It's a valuable tool for fostering growth and attracting investors.

The funds come in the form of tax credits, which means you won’t have to pay them back. This feature allows you to focus on expanding your business rather than worrying about future repayment. You have the freedom to use this funding for various needs, whether it’s hiring new staff, upgrading equipment, or launching new products.

This program opens up new opportunities for your business without the typical barriers. With no minimum or maximum revenue requirements, it's designed to support a wide range of entrepreneurs, like you, across all sectors in Manitoba. Investing in your business now can set you up for long-term success.