Western Economic Diversification (WED) has announced that they are accepting applications under the Western Innovation (WINN) Initiative until November 29, 2017.
Created by the Conservative Government in 2013, WINN is a program that offers repayable contributions to western Canadian businesses with less than 500 employees, to commercialize and bring to market innovative technology-based products, processes or services. To date, WINN has invested over $97 million in 85 projects.
Under the Liberal Government, the program is prioritizing clean technology, clean resources, digital technology, advanced manufacturing, value added agriculture, and health biological sciences.
Repayable contributions cover up to 50% of total eligible costs for each project, to a maximum of $3.5 million per project. As long as the recipient is in good standing, interest will not be charged.
David Anderson, MP