Economic Development

“Community Economic Development is a community driven process where communities determine their own solutions to economic, social and environmental issues in order to build healthy and economically viable communities. It is a participatory, grassroots approach where local communities choose deliberate actions to influence the local economy and to improve the quality of life for its residents.”


1. Location – Centrally located to many Manitoba, Eastern Saskatchewan & Northern U.S. communities
2. Affordable Start Up – competitive and lower costs to owning, renting or leasing in a rural community
3. Workforce – Strong local workforce to draw upon for your business needs
4. Low Competition – compared to a large metropolitan area and depending your industry competition is lower in a rural setting
5. Safety & Security – low crime rates and close-knit community in which to build and grow your business
6. Agricultural Hub – in the heart of the Canadian Prairies, we are an agricultural service centre for Manitoba, Eastern Saskatchewan & Northern U.S. communities
7. Trucking Access – Highways 3 & 21 allow for easy trucking access to all major routes throughout North America
8. Air Access – The ONLY paved landing surface in the Southwest of Manitoba, 2 runways; asphalt – 3981 FT / 1213 M and grass – 2218 FT / 676 M.  TC LID: CJJ4 
9. Railway Access – via Canadian Pacific Rail, Class I rail carrier through the heart of the community, giving access to many other major rail lines  
10. Water Supply – Exceptional quality drinking water, access to large RAW water source and lower water costs compared to surrounding communities. 
11. Deloraine and District Chamber of Commerce – Working together to build a stronger business economy and flourishing community
12. Golfing – Even in business down time is needed why not take your business dealings to the Deloraine Golf Course, 9 holes - 72 par
13. Lake Metigoshe – A hidden jewel, nestled in the Turtle Mountain, Lake Metigoshe straddles the Canadian/ US Border a guaranteed exceptional time for any business dealings while on the lake  
14. Places to Meet – Multiple indoor and outdoor, private and communal venues for small and large sized gatherings
15. Open Spaces – with the great wide Prairies surrounding us, it leaves plenty of room for expansion for any industry or business

Get tools and information on what to consider before starting a business. Get information to help you identify opportunities to grow your business. Learn how to fuel your R&D and innovation projects through government grants, contributions and loans, as well as private sector financing. Learn about programs and services available in your region to help your business succeed.  Find out more about the municipal, provincial, territorial and federal permits, licences and regulations that apply to your business.  Learn how to handle day-to-day operations, including budgeting, marketing and payroll deductions and more. Overview of federal government Services for Small Business

The Government of Canada has introduced many COVID-19 supports to help businesses weather the storm. To get a tailored list of the ones that fit your business situation or to discover other federal, provincial and territorial programs and services designed to help Canadian businesses grow, try the interactive business benefits finder. You can also sign up for the notification feature to receive emails when there are changes to your favourite programs, when application deadlines are approaching, or when a new program that meets your needs is introduced.

The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.  The maximum loan amount for a borrower is $1.15 million.

  • Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs. 
  • Up to a maximum of $150,000 for lines of credit. 

Financial institutions deliver the program and are solely responsible for approving the loan. For more information download their PDF pamphlet or click here to find a lender near you.

The Métis Economic Development Fund (MEDF) is an equity investment fund intended to stimulate economic development activities of the Métis people throughout Manitoba by providing equity and capital for Métis entrepreneurs and businesses to support economic development initiatives.

MEDF also assists with promoting and encouraging trade and commerce for Métis entrepreneurs and business, facilitating and promoting the Métis business community, and acts as a liaison between the Métis business community, government agencies and representatives at municipal, provincial and federal levels.

Métis Economic Development Fund

The Louis Riel Capital Corporation (LRCC) is a Manitoba Métis-owned lending institution created to finance the start-up, acquisition and/or expansion of viable Métis and Non-Status Indian controlled small businesses based in Manitoba.

The financial services offered by LRCC include business loans, bridge financing, business plans and business advisory services.

The Louis Riel Capital Corporation (LRCC)

Futurpreneur Canada has been fueling the entrepreneurial passions of Canada’s young enterprise for two decades. We are the only national, non-profit organization that provides financing, mentoring and support tools to aspiring business owners aged 18-39. Our internationally recognized mentoring program hand matches young entrepreneurs with a business expert from a network of more than 3,000 volunteer mentors. 

Start a Business

Mentoring

Resources

Networking


The First Peoples Economic Growth Fund (FPEGF) is an economic development initiative by the Province of Manitoba & The Assembly of Manitoba Chiefs. Its mandate is to provide financing to support Manitoba First Nations business proposals that are economically viable.

First Peoples Economic Growth Fund