Winnipeg Free Press - ONLINE EDITION

Federal funding boosts local business incubator

  • Print
Marshall Ring, CEO of the Manitoba Technology Accelerator.

DAVID LIPNOWSKI / WINNIPEG FREE PRESS FILES Enlarge Image

Marshall Ring, CEO of the Manitoba Technology Accelerator. Photo Store

A Winnipeg business incubator is getting more than $1 million in federal funding over the next five years to help local start-up companies evolve into commercial successes.

The not-for-profit Manitoba Technology Accelerator (MTA) plans to use the funding from the two-year-old Canada Accelerator and Incubator Program to hire two more full-time employees, expand its service offering, and help more companies.

MTA CEO Marshall Ring said the incubator currently has the capacity to help 10 startup companies at a time, and it wants to add between two to five more over the next six months.

"We are going to grow bigger, faster, and farther," he told a news conference held today at the MTA’s Exchange District offices.

He said the companies MTA is currently helping created 90 new full-time and more than 200 new part-time jobs over the past last year.

"We are targeting to double those numbers over the next year," he said. "What we really want is for Winnipeg to be the startup capital of Canada."

Shelly Glover, Minister Responsible for Manitoba, made the funding announcement on behalf of Ed Holder, Canada’s minister of state for science and technology.

"Keep up the good work, and keep these businesses here," Glover told Ring and other MTA and industry representatives who attended the late-morning event.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

J.P. Vigier’s Whiteboard: Coach Maurice’s first full season

View more like this

Photo Store Gallery

  • A Canada Goose cools off in a water pond Monday afternoon at Brookside Cemetary- See Bryksa’s Goose a day Challenge– Day 27-June 25, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • A gaggle of Canada geese goslings at Woodsworth Park in Winnipeg Monday- See Project Honk Day 05- May 07, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Do you think food-security issues are an important topic to address during this mayoral campaign?

View Results

View Related Story

Ads by Google