Feds support 23 organizations in Manitoba with $2.8M investment
by CM Staff
5,600 employees will benefit from funding provided to Manitoba entrepreneurs to help their businesses
More than $2.8 million to help local small businesses in Manitoba. (CNW Group/Western Economic Diversification Canada)
WINNIPEG, Man. — The Government of Canada announced over $2.8 million for a series of initiatives led by Manitoba’s non-profit business support network. This Regional Relief and Recovery Fund (RRRF), delivered by Canada’s Regional Development Agencies and intended for small and medium-sized enterprises, will provide funding for 23 organizations to support enterprises in all stages of the business lifecycle.
“Our government committed to create one million jobs, and I want to assure Manitoba business owners and workers that while we manage this health crisis, we will be there to support you for as long as it takes, with whatever it takes, and we will get through this together,” said Mélanie Joly, minister of Economic Development and Official Languages, in a prepared statement.
As a result of this funding, over 5,600 employees in Manitoba businesses will benefit from the initiatives being delivered. RRRF will help industry sectors retain the knowledge and skills of valuable employees, and maintain the capital
This RRRF funding complements the multi-faceted approach offered by WD to address the economic impacts of COVID-19. This approach includes the Women Entrepreneurship Strategy (WES) Ecosystem Fund and the Regional Innovation Ecosystems (RIE) program, among others.
