Minister Vandal announces over $22.7M in funding for businesses in Manitoba
by CM Staff
Two of the projects are at the University of Manitoba—one to construct a controlled facility to test unmanned aerial vehicles, and another to develop the advancement of technologies supporting the protein research cluster.
Minister Vandal announces federal investment supporting innovation and business growth in Manitoba (CNW Group/Prairies Economic Development Canada)
WINNIPEG — On Nov. 18, Dan Vandal, Minister for PrairiesCan, announced over $22.7 million in federal funding for 16 projects across the province as part of Global Entrepreneurship Week. This investment hopes to create nearly 850 new jobs, 187 of which will be for highly qualified personnel. The projects are aim to result in over $200 million of revenue growth and $130 million in export sales.
One of the projects announced include a virtual media production-training studio in the Prairies. Others support businesses across a number of sectors. ComIT will expand digital skills programming on the Prairies, with a focus on underrepresented groups in the digital sector. Two of the projects are at the University of Manitoba—one to construct a controlled facility to test unmanned aerial vehicles, and another to develop the advancement of technologies supporting the protein research cluster.
Funding for the projects is supported through the Business Scale-up and Productivity (BSP) program, the Jobs and Growth Fund (JGF), the COVID-19 Relief Fund, the Regional Innovation Ecosystems (RIE) program, and the Aerospace Regional Recovery Initiative (ARRI). PrairiesCan in Manitoba administers all five federal programs.
“Our investment today will support both Manitoba’s economy and businesses helping to continue to make Manitoba a great place to invest, do business and create good jobs people can count on. Our partnership with Manitoba businesses will help them in acquiring the tools, capital and support they need to thrive as significant contributors to the Prairie and Canadian economies,” said Dan Vandal, Minister for PrairiesCan.
