Manitoba Works Capital Incentive
No fixed amount
Rebate
Description:
The Manitoba Works Capital Incentive encourages significant new business investment or existing business expansion by creating a competitive tax environment to help diversify Manitoba’s economy and stimulate job creation.
Comments on Funding:
Continuous intake
Eligibility:
Applicants must:
1. businesses that make a capital investment of $10M to a specific property;
2. At least 65% of the total project costs comes from private (non-government) investment;
3. 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;
4. the property owner and taxpayer;
5. begin construction within the next 6-24 months.
Application Steps:
Applicants must:
1. Complete the Manitoba Works Capital Incentive Proposal and Request Form;
2. Submit the form and necessary attachments to:
Manitoba Works Capital Incentive
Economic Programs Branch
1020–259 Portage Avenue, Winnipeg, Manitoba R3B 3P4
Email: TIF@gov.mb.ca
3. schedule a meeting to discuss your proposal.
Documentation Needed:
Applicants must submit:
1. Manitoba Works Capital Incentive Proposal and Request Form;
2. proof of eligibility;
3. project proposal;
4. other documents as required.
Other Things to Note:
About the author
Maurice