Manitoba Industrial Opportunities Program (MIOP)
Low-interest repayable provincial loans from $500,000 to $5 million to attract and grow SMEs investing in Manitoba.
About this program
The Manitoba Industrial Opportunities Program (MIOP) provides low-interest rate repayable funding contributions ranging from $500,000 to $5 million to attract investment from small and medium-sized enterprises (SMEs) establishing or expanding operations in Manitoba. Funding supports projects that enhance company viability and provide significant economic benefits to Manitoba including equipment acquisition, facility construction, technology implementation, and workforce development. MIOP is administered by the Manitoba Development Corporation and prioritizes projects in high-growth sectors including manufacturing, information technology, and aerospace.
Eligibility
Established or commercially viable SMEs currently operating in or looking to begin operations in Manitoba; projects must provide economic benefits to Manitoba's economy, attract new business opportunities, expand existing business operations, or create sustainable jobs.
Requirements
- Commercially viable business with operational history
- Manitoba-based or relocating to Manitoba
- Project plan demonstrating economic benefits