Over $7.5 million in PrairiesCan funding creates opportunities and connects Manitoba to the world.

June 28, 2024 – Winnipeg, Manitoba, PrairiesCan

The Government of Canada is committed to building a strong, sustainable, and competitive Prairie economy that leaves no one behind.

Today, the Honourable Dan Vandal, Minister for PrairiesCan, announced strategic investments of over $7.5 million to help four Manitoba organizations continue to grow and thrive, and showcase the Government of Canada’s priority of advancing trade, infrastructure, and new markets that propel Manitoba forward while ensuring the province’s workforce has the training and tools needed to compete and win.

Manitoba is home to several world-class export clusters that produce high quality products. Clusters include digital industries within the creative and financial sector, heavy equipment manufacturing cluster that develops zero-emission technology, agriculture and ag-equipment, aerospace, transportation and logistics, and biosciences. Investments announced today through the Regional Innovation Ecosystem (RIE) program and the Jobs and Growth Fund (JGF) support projects that are showing positive results and contributing to building on Manitoba’s economic strengths.

“PrairiesCan’s investment has been pivotal in transforming our Founders Program for tech startups and launching initiatives like WiLab (Women in Innovation Lab), AMLab (Advanced Manufacturing Lab), and the North Forge Angel Network. These programs help entrepreneurs attract capital, empower women, and fuel innovation. Since September 2022, PrairiesCan has enabled us to support 120 startups, helping them raise over $8.5 million and achieve $7.7 million in revenue growth. Success stories like ConstructionClock and Win-Shield Devices highlight our significant impact. Our WiLab has supported 217 women, demonstrating our unwavering commitment to a diverse and inclusive entrepreneurial ecosystem.”
–Joelle Foster, President & CEO, North Forge Technology Exchange

Read more details about the announcement here: https://www.canada.ca/en/prairies-economic-development/news/2024/06/minister-vandal-announces-federal-investments-in-trade-and-new-markets-to-help-move-manitoba-businesses-forward.html