COVID-19 Government Programs

The Manitoba Economic Support Centre has been set up by the province to help businesses navigate provincial and federal support programs at 1-888-805-7554. Our EDW teams are also here to help. We have provided some background for each program. If you have other questions, you can reach out to us on the webform at the bottom of the page.

Government Programs Toolkit

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BDC Capital Bridge Financing Program

BDC Capital Bridge Financing Program

Canadian start-ups may get matching funds from BDC for a current financing round being raised through qualified existing and/or new investors. To be eligible, companies must be Canadian, backed by a qualified venture capital firm, have raised at least $500,000 in external capital before applying for the program, and be specifically impacted by COVID-19.

EDW Contact: Will Findlater

Program Availability: Active

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Co-Lending Program for Small and Medium Enterprises

Co-Lending Program for Small and Medium Enterprises

BDC is working together with financial institutions to co-lend term loans to SME's for operational cash flow requirements. Eligible businesses may obtain incremental credit amounts up to $6.25 million

EDW Contact: Will Findlater

Program Availability: Update Coming Soon

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Mid-Market Financing Program

Mid-Market Financing Program

BDC is working together with financial institutions to co-manage loans ranging from $12.5 million and $60 million to cover operational liquidity needs and business continuity. BDC anticipates qualifying companies will have revenues in excess of approximately $100 million

EDW Contact: Will Findlater

Program Availability: TBD

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Working Capital Loan ($100K)

Working Capital Loan ($100K)

15 minute online application for a working capital loan of up to $100,000.

EDW Contact: William Findlater

Program Availability: Active

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Working Capital Loan ($2M)

Working Capital Loan ($2M)

Working capital loans of up to $2 million with flexible terms and payment postponements for qualifying businesses.

EDW Contact: William Findlater

Program Availability: Active

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Additional Funding and/or Flexible Arrangements

Additional Funding and/or Flexible Arrangements

If you are a tourism operator, a small or medium-sized business or organization, and have received W.D. funding and COVID-19 is affecting your operations, you are encouraged to contact W.D.. You may be eligible to receive additional funding and/or flexible arrangements.

EDW Contact: Brittany Cawson

Program Availability: Active

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Economic Development Winnipeg wants to help companies put themselves in the best possible position to get through this unprecedented situation and help them recover and grow.

Reach out to us through this form.

Economic Development Winnipeg

Suite 810, One Lombard Place
Winnipeg, Manitoba
Canada R3B 0X3

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