Feds announce investments for business scale-up and productivity in Manitoba
by CM Staff
More than $2.4 million in federal funding through Western Economic Diversification Canada will support job creation and market growth in western Canada
WINNIPEG, Man. — As Manitoba’s economy evolves and recovers from the impact of COVID-19, many small- and medium-sized enterprises in the region are embracing technology to seize new opportunities, become more productive, and stay competitive.
The Government of Canada announced $2,426,483 in repayable funding for three projects under the Business Scale-up and Productivity (BSP) program.
Permission Click Inc. received $1,565,783 to expand their digital records management and approval processes platform across North America.
TRAINFO Corporation received $460,700 to export their train crossing technologies and services to US markets.
Global Drain Technologies Inc. received $400,000 to integrate advanced production capacity into their commercial drain manufacturing business.
“The Government of Canada is committed to investing in businesses across the West because we recognize that strong regional economies are essential for Canada’s success and sustainability,” said Mélanie Joly, Minister of Economic Development and Official Languages, and Minister responsible for Western Economic Diversification Canada, in a prepared statement. “Our regional development agencies are here to help businesses and innovators grow and create highly qualified jobs, so that our economy and communities can thrive for generations to come.”
These investments are expected to increase export sales, business revenue growth, and create 29 new jobs.