The Manitoba government is investing in entrepreneurs to help get their ideas off the ground and grow their businesses.
The province on Monday announced a three-year $300,000 grants for Startup Winnipeg, a non-profit, volunteer-operated organization dedicated to providing a community of support for entrepreneurs, inventors, innovators, artists and existing businesses.
“The support from the Manitoba government could not come at a better time,” said Michael Legary, chair of Startup Winnipeg. “The number of new, entrepreneurial businesses starting in Winnipeg is trending to an all-time high and this funding will allow us to further the services and support network being provided by the private industry sponsors of Startup Winnipeg and Innovation Alley.”
Mayor Brian Bowman, also present at the announcement, made good on a campaign promise to rename a portion of Adelaide Street as Innovation Alley in the coming weeks.
The provincial government is also launching TechFutures, a new program that will provide financial assistance, training and business counselling for up to 20 young, aspiring entrepreneurs each year to help them launch or grow early stage technology businesses.
— Wpg Mayor's Office (@Bowman4Wpg) November 17, 2014