Manitoba Works Capital Incentive

Who can apply

The Manitoba Works Capital Incentive can be made available to a new or existing business interested in expanding in the province if:

1. The proponent company makes a minimum capital investment of $10M to a specific property;
2. A minimum of 65% of total project costs are from private sources; and
3. There is demonstrable potential to create and/or maintain a minimum of 10 jobs in the province or the new business activity has a substantial and measureable net economic benefit to the province.

All proposed projects must focus on economic development and long-term job creation. Projects must demonstrate a strong return on investment for Manitoba and result in substantial improvements in the value of the property in order to receive funding, ensuring high value for Manitobans.

Before you approach government, consider these key factors:

1. At least 65% of the total project costs comes from private (non-government) investment.
2. “Non-government” means the project does not rely on federal, municipal, provincial, or not-for-profit funding sources in order for it to move forward.
3. Your company’s minimum capital investment in the project at a specific property is at least $10M.
4. Projects below the ten million dollar financial threshold will not be considered.
5. Your proposed project will create and maintain new jobs or bring new economic activity to Manitoba.
6. You will be asked to demonstrate how your project will create and maintain at least 10 jobs in the province or how the new business activity the project brings will have a substantial and measureable net economic benefit to the province.
7. The project supports economic growth.
8. Projects that cannot demonstrate a link to economic growth will not be considered. Beyond economic growth potential, projects that have LEED certification; contribute to, enhance, or develop new industrial or technological innovation in Manitoba; or advance the Calls for Action to the Truth and Reconciliation Commission receive additional consideration.
9. Construction will begin within the next six to 24 months.
10. It is challenging to calculate an accurate tax assessment estimate for a project start that is anticipated to be more than 24 months out. Treasury Board requires meaningful estimates in order to approve projects.
11. The project proponent is both the property owner and taxpayer.
12. Only projects where the proponent both owns and pays tax on the improved property are eligible for consideration under the Incentive.