Government of Canada announces investments for business scale-up and productivity in Manitoba
More than $2.4 million in federal funding through Western Economic Diversification Canada will support job creation and market growth in western Canada.
WINNIPEG, MB, June 10, 2021 /CNW/ - As Manitoba's economy evolves and recovers from the impact of COVID-19, many small- and medium-sized enterprises in the region are embracing technology to seize new opportunities, become more productive, and stay competitive. Businesses are working hard to maintain skilled workforces that provide good, local jobs and produce top-quality products, while finding opportunities to grow at home and expand abroad.
Today, Terry Duguid, Parliamentary Secretary to the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, and Minister responsible for Western Economic Diversification Canada (WD), announced $2,426,483 in repayable funding for three projects under the Business Scale-up and Productivity (BSP) program.
The Government of Canada is committed to supporting small- and medium-sized enterprises. Ivestments like these help make a positive impact on increased productivity, growth, and the ability to compete in the global marketplace. These investments are also expected to increase export sales, business revenue growth, and create 29 new jobs.
"The Government of Canada is committed to investing in businesses across the West because we recognize that strong regional economies are essential for Canada's success and sustainability. Our regional development agencies are here to help businesses and innovators grow and create highly qualified jobs, so that our economy and communities can thrive for generations to come."
"These investments demonstrate the Government of Canada's commitment to support local efforts for businesses to grow and become more competitive both at home and abroad. The unique products and technologies delivered by these companies are examples of the diversity of the western Canadian economy."
"The WD BSP Program has helped Permission Click tackle the incredible amount of opportunity we see in the market for workflow automation in, for example, schools from kindergarten to Grade 12 (K-12). We will be investing in sales and marketing expansion 'ahead of the curve' to grow on an accelerated timeline"
"Every three hours there is an accident at a rail crossing in North America and 1 in 30 first responder trips are impacted by blocked crossings. TRAINFO has developed innovative smart city technologies to solve these problems and has installed them in over a dozen Canadian and US cities. We are excited to partner with WD's BSP Program to accelerate our growth and implement our life saving solutions in cities around the world."
"Water, once an abundant natural resource, is becoming a more precious commodity due to environmental impacts and overuse. Global Drain Technologies has a focused mission - to make the world safer one drain at a time. Partnering with WD was an important step as we implement "the factory of the future" and enhancing our lineup of manufactured drainage solutions."
SOURCE Western Economic Diversification Canada
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