Manitoba Mineral Development Fund (MMDF)

By mmuise
Description:

MMDF is a $20M provincial fund, administered by the Manitoba Chamber of Commerce, that funds northern economic development and mining projects that create Indigenous partnerships, grow employment in northern Manitoba, and stimulate investment.


Comments on Funding:

1. Project funding will be:
- available as a one-time grant that will be issued in instalments to coincide with project progress.
- provided to recipients on a repayable or non-repayable basis. The maximum amount of MMDF non-repayable funding will be determined on a matching basis
2. Funding is:
- 50% of capital and non-capital costs associated with the project for for-profit applicants;
- 50% – 70% of capital costs and 75% of non-capital costs associated with the project.for non-profit applicants (including municipalities and Indigenous communities).

3. The maximum funding available for medium- or long-term projects is $300,000. The Board may approve funding for projects more than the proposed limits on a case-by-case basis.
4. Terms of repayment and frequency of funding shall be outlined in the contribution agreement.

Deadline: Currently accepting applications
Eligibility:

Applicants must be:

  • municipal or regional governments established by or under provincial statute;
  • private sector bodies including for-profit & not-for-profit organizations (incorporated organizations must be incorporated or registered under The Corporations Act to conduct business in Manitoba);
  • Indigenous organizations or communities as represented by their leadership.

    Eligible projects must:
  • be located within the Province of Manitoba.
  • align with one or more of objectives for the program.
  • demonstrate tangible economic benefits (e.g. maintaining current employment, job creation or enhancement, incremental income within an identifiable time frame).
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise