The Manitoba government is providing $1.2 million over four years to support young entrepreneurs.
The funds will go to Futurpreneur to support the Startup Program, which delivers mentorship programming and financing for young entrepreneurs across the province.
Economic Development, Industry and Trade Minister Jeff Wharton made the announcement on Tuesday saying young entrepreneurs drive innovation and help keep our province competitive in today's global market.
“The support our government is announcing today is an investment in Manitoba’s future,” said Wharton.
Futurpreneur is a non-proﬁt organization that provides inclusive ﬁnancing, mentoring, and support tools to help aspiring business owners aged 18 to 39 start and succeed. Its mentoring program matches diverse young entrepreneurs with business experts from a network of more than 2,400 volunteer mentors. The organization’s Startup Program provides financing, mentorship and resources to help young entrepreneurs plan, launch and grow their businesses.
“With the Manitoba government’s renewed investment in Futurpreneur’s programming, we are poised to make a significant impact on the lives of diverse, young entrepreneurs across the province,” said Karen Greve Young, CEO, Futurpreneur. “
Futurpreneur expects to support the creation of up to 50 businesses each year.