Turning an innovative idea into a market-ready product can be one of the riskiest stages of growth for a business. Manitoba companies working to commercialize new products or processes may find meaningful support through the Innovation Growth Program, a provincial initiative designed to help reduce that risk while accelerating business growth. Delivered by the Government of Manitoba, this program focuses on helping small and medium-sized enterprises move from development into commercialization and early market traction.
The Innovation Growth Program offers non-repayable, cost-shared funding to help offset expenses tied directly to innovation and commercialization activities. Funding can reach up to around $100,000 per project, with businesses contributing their share of eligible costs. Projects are assessed through a competitive process, with emphasis on strong commercialization potential, economic impact, and the ability to strengthen the company’s long-term financial position. The program supports businesses across a wide range of industries, reflecting Manitoba’s diverse innovation landscape, and is particularly relevant for companies preparing to scale, attract future investment, or grow export opportunities.
Applications are currently accepted on an ongoing basis, and requirements can vary depending on the nature of the project. For Manitoba business owners exploring how to move an innovative product or process closer to market, learning more about how the Innovation Growth Program works can be an important next step in planning a successful application.
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