Permanently established in Manitoba
Services
Manitoba Trade Growth Investment Financing (TGIF)
Provincial repayable loan program of $250,000 to $5 million (up to 25% of total project costs) for Manitoba SMEs investing in productivity-enhancing projects that support trade and export growth, job creation, wage growth, and workforce development. Launched under Manitoba's Economic Development Strategy, Pillar 1 - Facilitate Productive Investments. Applications considered on a continuous basis.
Overview
Provincial repayable loan program of $250,000 to $5 million (up to 25% of total project costs) for Manitoba SMEs investing in productivity-enhancing projects that support trade and export growth, job creation, wage growth, and workforce development. Launched under Manitoba's Economic Development Strategy, Pillar 1 - Facilitate Productive Investments. Applications considered on a continuous basis.
Key numbers
| Item | Value |
|---|---|
| Instrument | loan |
| Level | provincial |
| Region | Manitoba |
| Administrator | Economic Programs and Initiatives Branch, Manitoba Business, Mining, Trade and Job Creation |
| Cost share | 25% |
| Min per project | $250,000 |
| Max per project | $5,000,000 |
| Intake status | Open - continuous intake subject to availability of funds |
| Non-US bias | No explicit US rule; loan objectives include increased exports and market diversification |
| Processing time | Initial response within 5 business days of submission of Step 2 documents |
Eligibility
Canadian-controlled Private Corporation (CCPC) or Cooperative registered and in good standing in Manitoba
Loan proceeds must be used for an eligible project located in Manitoba and for that project only
Must contribute at least 25% equity toward total project costs and fund the remaining balance after TGIF financing
Must apply before starting the eligible project
Must demonstrate measurable economic benefits to Manitoba (productivity, exports or market diversification, jobs/wages, workforce development)
Start-ups may be considered with a compelling business plan and viable project even without 3 years of financial statements
What it covers
Business facility or infrastructure upgrades
Investments in equipment and machinery and/or information technology
Market and diversification rules
Preference given to projects responding to more than one program objective (trade/export growth, jobs and wage growth, workforce development and inclusion)
Loan terms vary by project and will not exceed 12 years; a principal deferral may be considered in some cases
Loans generally secured by assets purchased as part of the eligible project or other company assets
Disbursement may be one-time, milestone-based, or staged
How to apply
Step 1
complete and submit the TGIF online application form
Step 2
within 5 business days of Step 1, email the business plan, three most recent years of financial statements, three most recent years of T2 tax returns, and the most recent Notice of Assessment to LoansProgram@gov.mb.ca with subject line 'Company Name - TGIF Application'
If documentation cannot be provided within 5 days, email an explanation to LoansProgram@gov.mb.ca
No fee to apply; administration fees may be included in the loan agreement
Applications undergo comprehensive financial and legal due diligence; submission does not guarantee approval
Stacking notes
TGIF may be combined with other government funding, but combined sources are considered alongside eligibility criteria at Manitoba's discretion
Combining funding could affect eligibility or the amount available under other programs; check each program's criteria
Notes
Loan represents up to 25% of total project costs; applicant equity of at least 25% is required
Applicants may reapply after an unsuccessful application if eligibility status or circumstances change
Security may include real estate, personal property, financial instruments, corporate/personal guarantees, and general security agreements; second-priority security may be considered
Relevant services
The services below are grant-eligible: CanExport and EDC reimburse up to 50% for incorporated Canadian exporters.
Book a free readiness call
Grant programs can reimburse up to 50% of eligible market-entry costs. In one free call we tell you honestly whether your product fits a non-US market.
Book a free readiness call