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This article was published 18/1/2016 (1865 days ago), so information in it may no longer be current.
Manitoba Liquor & Lotteries (MLL) has allocated up to $5 million for a loan program designed to help new and existing Manitoba-based breweries and distilleries purchase equipment for forthcoming production or to expand existing production.
The announcement was made Monday afternoon by Ron Lemieux, the minister responsible for MLL, at a media event at Peg Beer Co., one of many brewpubs and breweries slated to open in 2016.
Loans of up to $250,000 will be provided to local breweries and distilleries beginning in late spring following an application process that will emerge from discussions between MLL and stakeholders. Breweries and distilleries who qualify for the loan will be required to pay the money back over a subsequent five-year period.
"The introduction of this loan program is one more way in which we can help this exciting industry to thrive, which will in turn resonate throughout the province, creating benefits to Manitoba’s economy, agri-producers, hospitality and tourism industries," Lemieux said in a news release.