Updated May 2026 · Verified against Government of Manitoba — Department of Business, Mining, Trade and Job Creation guidelines
Loan
Loan Provincial Active

Manitoba Trade Growth Investment Financing Program (TGIF)

Government of Manitoba — Department of Business, Mining, Trade and Job Creation
Maximum Funding
$250,000–$5,000,000 (repayable loan, up...
Ongoing
Visit Official Program →
Difficulty
Moderate
Payment
Loan
Trend
Stable
First-Timers
Co-Funding
25%
Manitoba Trade Growth Investment Financing Program (TGIF) provides up to $250,000–$5,000,000 (repayable loan, up to 25% of total project costs). Repayable government loan of $250,000 to $5,000,000 (up to 25% of total project costs) for Manitoba-based CCPCs and cooperatives investing in productivity-enhancing capital projects — equipment, facilities, IT, or infrastructure — with demonstrated economic benefits including export expansion, job creation, or workforce development. The program covers up to 25% of eligible costs. Applications are accepted on an ongoing basis. (As of May 2026, verified against Government of Manitoba — Department of Business, Mining, Trade and Job Creation program guidelines)

Eligibility & Details

What this program funds and who can apply

Free

Program Description

Repayable government loan of $250,000 to $5,000,000 (up to 25% of total project costs) for Manitoba-based CCPCs and cooperatives investing in productivity-enhancing capital projects — equipment, facilities, IT, or infrastructure — with demonstrated economic benefits including export expansion, job creation, or workforce development.

Eligibility Requirements

  • Canadian-controlled private corporation (CCPC) or cooperative registered and in good standing in Manitoba
  • Business must be permanently established in Manitoba
  • Must contribute minimum 25% equity toward total project costs
  • Must demonstrate ability to fund the remaining balance beyond the TGIF loan
  • Project must be applied for before commencement of eligible activities
  • Must demonstrate measurable economic benefits to Manitoba: trade/export growth, job creation/wage increases, or workforce development
  • Three years of financial statements and T2 tax returns required (start-ups with compelling business plans may be considered)
  • Project must involve business facility/infrastructure upgrades, equipment and machinery, or IT investments
Provinces
Industries
Business Stage
Growth Expansion Mature

Quick Assessment

Difficulty
Moderate
Competition
Moderate
Est. Hours
25h
First-Timer
Not rated

Funding Details

Amount
$250,000–$5,000,000 (repayable loan, up to 25% of total project costs)
Type
Loan
Level
Provincial
Co-Funding
Up to 25% of eligible costs
Deadline
Ongoing

Program Scorecard

Competition, effort, and approval at a glance

Hybrid
Competition
Moderate
Effort
~25 hours
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
Premium See how this program compares on approval odds, difficulty, and competition — so you know if it’s worth your time.
Know your real odds before investing 40+ hours
Approval likelihood, realistic amounts, competition level, and what winners look like
Consultants charge $500–$2,000 per program. This Playbook is $19.
What's in this Playbook

Everything you need to win TGIF — $19

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

Consultants charge $2,000–$5,000 per program. This Playbook is $19. Yours forever.

Applying for TGIF? Most founders end up needing more than one template — grab the Founder Pack ($59 · saves $27 vs separate) →

How to Win

Insider tips, common pitfalls, and what successful applicants look like

Premium
Insider Tip

Apply before breaking ground on any project — TGIF explicitly excludes retroactive funding. The 25% equity minimum means you must demonstrate at least 25% of your own capital, but the remaining 50%+ can come from bank financing or other sources. Loan terms can extend up to 12 years, and principal deferral may be available during early project phases, which helps manage cash flow during construction or equipment installation. Pair with the Manitoba Manufacturing Investment Tax Credit (MITC) — the TGIF loan funds capital acquisition, and the MITC simultaneously generates a tax credit on the same eligible assets.

Premium See what trips up most applicants for this program — and how to avoid it.

Rejection Pitfalls 7

  • Project started before application was submitted — retroactive funding is explicitly excluded
  • Applicant is not a CCPC or cooperative registered in Manitoba
  • Insufficient equity contribution — applicant cannot demonstrate 25% minimum equity
+4 more pitfalls
Premium See the most common reasons applications get rejected — before you submit yours.

Success Profile

Manitoba-based manufacturer, food processor, or agricultural processor with 3+ years of financial history undertaking a $1M–$15M capital project (equipment acquisition, facility upgrade, or IT investment) with demonstrated export growth or job creation potential. Companies with existing bank relationships that need subordinate government financing to bridge the gap between equity and chartered bank lending capacity.

Premium See what successful applicants for this program actually look like.

Evaluation Criteria

Applications are evaluated on: (1) economic benefit to Manitoba — trade/export growth, job creation or wage growth, workforce development; (2) financial viability — applicant's ability to repay the loan based on financial statements and business plan; (3) security adequacy — whether eligible collateral covers the loan amount; (4) project readiness — defined scope, timeline, and cost structure. Projects addressing multiple economic benefit objectives receive priority.

Premium See exactly what reviewers score on — so you know where to focus.
Don’t waste 25 hours on a preventable rejection
7 reasons applications get rejected, what winners look like, and exactly what reviewers score on
Paid grant writers quote $2,000–$5,000 per program. Start with the $19 Playbook first.

Application Playbook

Step-by-step process, required documents, and expenses

Premium 5 steps 7 docs

Application Steps

1 Complete Online Application Form Fill out the TGIF online application form on the Manitoba government website. Provide business information, project description, estimated costs, and expected economic benefits before starting any eligible project activities.
2 Submit Supporting Documents within 5 Business Days Email required documents to [email protected]: business plan, 3 years of financial statements, 3 years of T2 tax returns, and most recent Notice of Assessment. Program staff contact applicants within 5 business days of receipt.
3 Financial and Project Review Manitoba staff conduct a comprehensive review of the business's financial capacity, project viability, economic benefit projections, and proposed security. Interest rate and repayment terms are determined during this stage based on individual circumstances.
4 Loan Approval and Security Agreement Upon approval, a loan agreement and security documentation are executed. Security typically includes the purchased assets, and may include real estate, personal guarantees, or a general security agreement.
5 Disbursement and Project Execution Loan funds disbursed according to project milestones. Repayment begins per agreed schedule (up to 12-year term). Principal deferral may be available during early project phases.

Required Documents 7

Completed online TGIF application form
Business plan (per program requirements)
Three years of audited or reviewed financial statements
Three years of T2 corporate income tax returns
Most recent Notice of Assessment
Project description including scope, timeline, and economic benefits
Security documentation (real estate, personal property, general security agreement, or guarantees as applicable)

Eligible Expenses 5

  • Business facility construction, renovation, or leasehold improvements
  • Equipment and machinery acquisitions (new or used)
  • Land development costs directly related to eligible project
  • Information technology and communications infrastructure investments
  • Third-party professional fees directly related to project scope

Ineligible Expenses 5

  • Working capital and operating expenses
  • Debt restructuring or refinancing of existing obligations
  • In-kind contributions
  • Land purchase or lease costs
  • Projects commenced before application submission

Intake Periods

Continuous intake, subject to fund availability. No fixed intake rounds or competitive windows. Apply as early as possible relative to project start date.

Deadline Notes

Continuous intake subject to program fund availability. Applications must be submitted before the eligible project begins — retroactive funding is not available. Contact the Economic Programs and Initiatives Branch to confirm fund availability before committing project timelines.

Open Application Portal →

Ineligible Organizations

  • Sole proprietors and unincorporated businesses
  • Partnerships
  • Public corporations (non-CCPCs)
  • Non-profit organizations and registered charities
  • Corporations not registered and in good standing in Manitoba
  • Retail businesses without manufacturing or export component
Premium Get the step-by-step application guide — documents, timeline, and what to prepare.

Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

Premium 3 partners

Compatible Programs

Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk

As a repayable loan, default on repayment triggers security enforcement — Manitoba may seize pledged assets. If project objectives (job creation, export targets) are materially not met, early repayment or modified terms may be required.

Premium See which programs combine with this one — and how much more you could get.
See your total funding potential across 3 programs
Stacking amounts, clawback details, government stacking limits, and tax implications
One avoided clawback typically outweighs the $19 Playbook cost by 50–100×.

How TGIF Compares

Side-by-side with similar programs

Free
Program Amount Difficulty Payment Deadline
Manitoba Trade Growth Investment Fina... $250,000–$5,000,000 Moderate Loan Ongoing
Manitoba Manufacturing Investment Tax... 8% Easy Tax Credit Offset Ongoing
Business Development Bank of Canada (... Varies Easy Loan Ongoing
Canada Small Business Financing Program Up to $1.15 million Easy Mixed (Advance + Reimb.) Ongoing
Strategic Response Fund (formerly Str... Up to $50 million Hard Mixed (Advance + Reimb.) Ongoing — continuous...

Related Programs

Other programs you might be eligible for

Free

Frequently Asked Questions

Quick answers to the questions founders most often ask about TGIF

Free
Is the TGIF a grant or a loan?
It is a repayable loan — not a grant. You must repay the full amount on terms up to 12 years. The benefit is access to government lending at determined interest rates where bank financing may be insufficient.
Can I apply after my project has started?
No — TGIF requires applications to be submitted and approved before any eligible project activities begin. Retroactive funding is explicitly excluded.
What equity contribution is required?
Applicants must contribute a minimum of 25% equity toward total project costs. The remaining balance can come from bank financing and the TGIF loan.
What industries are eligible for TGIF?
Manufacturing, food processing, agriculture, technology, and other sectors demonstrating trade growth or job creation potential. Priority projects address multiple economic objectives simultaneously.
Can TGIF be stacked with the Manitoba Manufacturing Investment Tax Credit?
Yes — TGIF is a repayable loan (not a grant), so it generally does not reduce the CCA base that drives the MITC tax credit. Both can apply to the same capital project.

Browse More Funding