Business Start Program
Government of Manitoba - Manitoba Entrepreneurship, Training and TradeApplies to: Manitoba
If you want to start a business in Manitoba and need financing, this workshop and loan guarantee program can help you get started on the right foot.
- Loan Guarantee: Loans to new owner-managed businesses are provided through participating financial institutions and guaranteed by the Government of Manitoba. The five-year term loan is a $30,000 maximum amount with an interest rate of prime plus one percent and a one-year deferral of principal repayment. Loan proceeds can provide funds for business registration or incorporation costs, equipment and inventory purchases, promotional costs and working capital needs.
- Educational Component: A three-day Business Planning Workshop is free. Topics covered include business plans, financing options, forms of business organizations, financial statements, PST, GST and employee deductions, product definition and marketing strategy.
