Financial Programs

Cooperatives may benefit from different financial programs and specific ones which include the following programs:

Cooperative Community Strategy (CCS) Research Grant Application: (.doc)

The Grant aims to stimulate, broaden and sustain the development of a socially and economically successful Manitoba cooperative community. A larger stronger and more influential cooperative community will yield significant benefits and outcomes. This program supports research projects that broadly affect Manitoba's cooperative community within the outlined Strategic Objectives:

• Environment – Create a more supportive policy environment
• Promotion & Education – Better awareness and understanding of cooperatives
• Development – Improving infrastructure supports and services for cooperatives

Research projects must address one or more of these strategic objectives. Further information can be found in the Cooperative Community Strategy (.pdf).

Supporting documents:

• Cooperative Community Strategy (CCS) Grant Application Budget Template (.xls)
• Read the Cooperative Community Strategy (.pdf)
  
• Stratégie de la communauté coopérative du Manitoba - en français (.pdf)

Grant Application Deadline is January 12, 2012.

The Cooperative Promotion Board:

This Board has funds available to make grants, generally less than $5,000, to develop and promote the study of, or research into co-ops, to promote education with respect of co-ops, to develop and promote co-ops and to promote the general welfare of rural Manitobans.

The Cooperative Loan and Loan Guarantee Board:

This Board has the ability to provide loans guarantees to co-ops in Manitoba to enable them to secure the financial services necessary to develop or expand a viable co-op enterprise.

Community and Business Development (REDI):

Rural Economic Development Initiative provides up to 50% cost shared funding to hire an independent consultant to assist a new or expanding rural Manitoba enterprise do financial analysis, market analysis, engineering studies, business plan preparation and ISO certification.

Canadian Agricultural Loans Act (CALA) :

This is a Federal Government Program that provides loans up to $3 million for agricultural co-operatives with the Minister's approval.

Neighbourhoods Alive:

Neighbourhoods Alive! provides financial support to encourage revitalization in designated neighbourhoods for housing and physical improvements, employment and training, education and training and safety and crime prevention. Co-ops are eligible to seek funding.

The Cooperative Development Initiative:

Community Enterprise Development (CED) Tax Credit Program:

Jubilee fund:

* Other financial programs available through the Canada/Manitoba Business Service Center

A Federal / Provincial joint service, the center and its satellite offices provide a wealth of information on financial and other services provided by all levels of government and non government organizations.

Contact Cooperative Development Services:

Cooperative Development Services
Manitoba Housing and Community Development
2nd Floor - 406 Edmonton St. (As of June 30, 2011)
Winnipeg, Manitoba, R3B 2M2

Phone: 204-945-3379
Fax: 204-948-1065
Toll-free: 1-866-479-6155
Email: co-ops@gov.mb.ca