Innovation Growth Program

Turning an innovative idea into a market-ready product can be one of the most expensive and risky stages for a growing business. For small and medium-sized enterprises in Manitoba, the Innovation Growth Program offers meaningful financial support to help bridge that gap. Delivered by the Government of Manitoba through the Department of Economic Development and Training, this program focuses on helping local companies move new products or processes closer to commercialization while strengthening their long-term growth potential.

The Innovation Growth Program is designed for Manitoba-based SMEs that are developing something new and need support to validate, refine, or launch it. Funding is provided on a cost-shared basis, covering roughly half of eligible project expenses, with non-repayable contributions of up to about $100,000 per project. This structure encourages businesses to invest alongside the province, reducing financial risk while accelerating progress. Projects are assessed competitively, with an emphasis on innovation, commercial potential, and the ability to generate economic impact such as job creation, export growth, or follow-on investment.

Because the program supports businesses at both development and early growth stages, it can be a strong fit for companies preparing prototypes, scaling up production, or advancing new processes. Applications are typically accepted on an ongoing basis, making it worthwhile to explore whether your next innovation project could align with this opportunity and what details are required to apply successfully.