MANITOBA is quadrupling its support for technology commercialization with new financial support to help more companies get to market.
The province is launching a broad-based program that will make about $30 million available to small businesses over the next five years.
In the past, the province's technology commercialization program paid out around $1 million a year. The new Commercialization Support for Business program has a $4-million budget for its first year.
"This is a big rethink," said Premier Greg Selinger. "For the first time ever, there will be financial support that takes people right through the innovation process to help them go all the way."
Early-stage innovative companies have faced challenges for years in coming up with the resources required to develop new products or services.
To read the full, original article click on this link: Small tech firms get funding boost - Winnipeg Free Press
Author: Martin Cash
