Export Support Programming: Incoming Buyer Program
$2,000
Rebate
Description:
The Government of Manitoba’s Incoming Buyer Program (IBP) assists Manitoba companies offset the costs of inviting a qualified international buyer to Manitoba.
Comments on Funding:
Applicants may receive reimbursement of up to $2,000 or 50% (whichever is lesser) of eligible cost. An applicant may receive support for a maximum of two (2) funded applications per fiscal year
Rolling deadline
Eligibility:
Applicants must:
1. be a for-profit small or medium-sized enterprise in Manitoba that produces an exportable product or service
2. have annual revenue in the current or previous fiscal year of at least $100,000, to a maximum of $50 million
3. have more than 50% of its workforce currently residing in Manitoba
4. be registered and in good standing to do business in Manitoba with the Companies Office and have a permanent establishment in Manitoba
5. must hold an active and valid Business Number
6. incur expenses above $2,000 related to inviting or hosting an incoming buyer
7. not be in arrears for taxes owing to Manitoba and must not be in receivership
8. be in full compliance with government laws and regulations
Application Steps:
Applicants must:
1. complete the online application form through google forms (link can be found within Program Contact;
2. complete the Supporting Documents and send to ecdevprograms@gov.mb.ca and use subject line “Corporation Name – IBP application” .
Documentation Needed:
Applicants must submit:
1. business program/agenda outlining activities during the buyer’s visit to Manitoba (https://www.gov.mb.ca/jec/busdev/financial/export/forms/ibp_program_agenda.pdf)
2. T1 or T2 Tax Return.
3. current balance sheet and income statement (no older than 3 months).
4. Year-end Financial Statement including balance sheet and income statement (for last fiscal year).
Other Things to Note:
About the author
Maurice
