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INCENTIVEManitoba

Louis Riel Capital Corporation Business Grant and Loan

Administered by Government of Manitoba · Last verified: July 2026

Louis Riel Capital Corporation (LRCC) is the Manitoba Metis Federation's Red River Metis-owned lending institution, financing the start-up, acquisition, and expansion of Metis-owned small businesses in Manitoba. Its Business Grant and Loan Program combines commercial loans with non-repayable grants toward eligible capital, marketing, business support, and first-three-months operating costs. Owners must be at least 51% Red River Metis with valid MMF citizenship, reside in Manitoba, and contribute at least 10% cash equity. Separate small business, women, youth, and fishers/trappers programs exist for smaller projects.

See if I qualifyOfficial page
Estimated value
Combined loan and non-repayable grant package (projects generally above $40,000)
Approval likelihood
Medium
Readiness
Mostly ready
Documents needed
4

Eligibility

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

What you'll need

  • Valid MMF Citizenship Card(s)
  • Business plan
  • Personal Statement of Affairs for each owner
  • Proof of at least 10% cash equity

How to apply

  1. 1Confirm 51% Red River Metis ownership with MMF citizenship
  2. 2Complete the Business Grant and Loan application and Personal Statement of Affairs
  3. 3Contact the LRCC credit team before incurring project costs
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 and Loan?

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 and Loan?

Louis Riel Capital Corporation Business Grant and Loan 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 and Loan worth?

The estimated value is Combined loan and non-repayable grant package (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 and Loan?

1. Confirm 51% Red River Metis ownership with MMF citizenship 2. Complete the Business Grant and Loan application and Personal Statement of Affairs 3. Contact the LRCC credit team before incurring project costs

Related programs

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

INCENTIVE

Louis Riel Capital Corporation: Business Grant & Loan Program

Loans plus non-repayable grants; projects generally above $40,000

Find more funding like this

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Deductly CA

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

See what you’re owed
Product
  • Eligibility quiz
  • Website scan
  • All programs
  • Compare programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
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Resources
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  • Data quality
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By province
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For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
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.