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INCENTIVEManitoba

Louis Riel Capital Corporation: Business Grant & Loan Program

Administered by Government of Manitoba · Last verified: July 2026

A Métis-owned lender, backed by a federal funding agreement with Indigenous Services Canada, that finances the start-up, expansion, or acquisition of Red River Métis-owned businesses in Manitoba. It combines commercial loans with non-repayable grants on eligible costs such as equipment, leasehold improvements, marketing, and early operating expenses. Projects generally start above $40,000, and owners must put in at least 10 percent of project costs in non-borrowed cash.

See if I qualifyOfficial page
Estimated value
Loans plus non-repayable grants; projects generally above $40,000
Approval likelihood
Medium
Readiness
Mostly ready
Documents needed
5

Eligibility

  • Business types:Incorporated, Self-employed, Partnership
  • Industries:All industries
  • Provinces:Manitoba

What you'll need

  • Valid MMF Citizenship Card for owners (at least 51% Red River Métis ownership)
  • Business plan
  • Personal Statement of Affairs for each owner
  • Project cost estimates
  • Proof of at least 10% cash equity

How to apply

  1. 1Confirm at least 51% Red River Métis ownership and Manitoba residency
  2. 2Download and complete the Business Grant & Loan application
  3. 3Prepare your business plan and a personal statement of affairs
  4. 4Submit to LRCC's credit team and allow 6 to 8 weeks for processing
After you apply

Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.

Is your business a fit for Louis Riel Capital Corporation: Business Grant & Loan Program?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Common questions

Who is eligible for Louis Riel Capital Corporation: Business Grant & Loan Program?

Louis Riel Capital Corporation: Business Grant & Loan Program is generally open to incorporated, self-employed, partnership businesses, in Manitoba. Confirm the full criteria on the official program page before applying.

How much is Louis Riel Capital Corporation: Business Grant & Loan Program worth?

The estimated value is Loans plus non-repayable grants; projects generally above $40,000. The actual amount depends on your eligible costs, the program's budget, and approval.

How do I apply for Louis Riel Capital Corporation: Business Grant & Loan Program?

1. Confirm at least 51% Red River Métis ownership and Manitoba residency 2. Download and complete the Business Grant & Loan application 3. Prepare your business plan and a personal statement of affairs 4. Submit to LRCC's credit team and allow 6 to 8 weeks for processing

Related programs

INCENTIVE

Louis Riel Capital Corporation Business Grant and Loan

Combined loan and non-repayable grant package (projects generally above $40,000)

INCENTIVE

Tribal Wi-Chi-Way-Win Capital Corporation Financing (Manitoba)

Business loans (amounts set case by case; contact TWCC)

INCENTIVE

Manitoba Business Investor Stream: Entrepreneur Pathway

Requires $150,000 to $250,000 investment; pathway to permanent residence

Find more funding like this

All Manitoba grants and creditsBrowse grants by province and industry
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The grants, tax credits, and deductions your business likely qualifies for. Ranked by fit, tied to official sources.

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Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian business owner should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
System status

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.