Administered by Government of Manitoba · Last verified: July 2026
Manitoba tax credit to investors who put money into eligible Manitoba SMBs. Helps founders raise capital from individual investors.
You claim this on your tax return, so the money comes back as a lower tax bill or a refund after you file. If you missed it in a past year, you can often still recover it by adjusting a prior return.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityManitoba Small Business Venture Capital Tax Credit is generally open to incorporated businesses, in Manitoba, with up to 100 employees. Confirm the full criteria on the official program page before applying.
The estimated value is 45% credit to investors (up to $202,500/investor). The actual amount depends on your eligible costs, the program's budget, and approval.
Claimed on a return, so a missed year can usually be recovered by amending. How far back depends on whether you file personally or as a corporation; confirm the eligible years with your accountant.
1. Apply to Manitoba Finance to be an eligible issuer 2. Issue eligible shares to investors 3. Provide tax credit certificates 4. File annual issuer updates
Apply before issuance.
40% of eligible Manitoba wages
TAX CREDIT15% to 20% of wages, up to $5,000 per student or apprentice
TAX CREDIT40% of eligible Manitoba labour, up to $100,000 per year (plus 15% recycled-paper printing bonus)