Manitoba Bridge Grant for Businesses and Organization

Manitoba Bridge Grant for Businesses and Organization

The application for the Manitoba Bridge grant for business and organization is closing on July 16, 2021. This is for businesses and organizations in Manitoba.

About Manitoba Bridge Grant for Businesses and Organization

Manitoba Bridge Grant Stream A provides a one-time $5,000 grant to eligible Manitoba small- and medium-sized store-front businesses and organizations. The grant provides financial assistance to eligible Manitoba businesses and organizations that are required to fully close their premises to the public as a result of Manitoba COVID-19 public health orders.

The Manitoba Bridge Grant – Stream B provides a one-time maximum of up-to $5,000 to eligible Manitoba full time home-based businesses.

Eligibility Criteria

Manitoba Bridge Grant – Stream A

To receive support from the Manitoba Bridge Grant – Stream A, a business or organization must meet all of the following criteria:

  • be a permanent, Manitoba-based business or organization physically operating in the Province of Manitoba;
  • have been actively operating or conducting business on or prior to June 22, 2021;
  • operate as a sole proprietorship, partnership, corporation, co-operative, non-share corporation, not-for-profit organization or registered charity;
  • possess an active and valid Manitoba Business Number;
  • be in good standing with the Manitoba Companies Office (not required for sole proprietors and registered charities);
  • have been affected by the public by Manitoba COVID-19 public health orders, or any revisions to those orders; and
  • have an e-mail address and a valid business bank account with a Canadian financial institution.
Ineligible businesses

The following businesses or organizations are not eligible:

  • agriculture or farming industries;
  • real estate agents;
  • self-employed salespersons or commissioned-based salespersons;
  • health professionals;
  • lawyers, paralegals, accountants, translators, veterinarians, engineers or geoscientists;
  • businesses operating under a regulatory body of a profession;
  • businesses that deal in securities, manage financial portfolios or provide financial services;
  • those that conduct multilevel marketing;
  • businesses or organizations that were in arrears for taxes owing to Manitoba and that have not since rectified the amount in arrears; and
  • businesses that do not exist for the purpose of carrying on an active business in Manitoba.

In addition, businesses that rely on passive income are not eligible. Passive income is income is from the ownership of capital property or assets that generate income without excessive effort on the part of the stakeholder. Examples of passive income include rental revenue, dividends, royalties etc.

Manitoba Bridge Grant – Stream B

To receive support from the Manitoba Bridge Grant – Stream B, a business or organization must meet all of the following criteria:

  • be a permanent, home-based business located in Manitoba and physically operating in the province;
  • have been actively operating or conducting business on or prior to June 22, 2021;
  • operate as a sole proprietorship, partnership or corporation;
  • possess an active and valid Manitoba Business Number;
  • be in good standing with the Manitoba Companies Office (this is not required for sole proprietors operating under their personal names who are not registered with the Companies Office);
  • businesses started before January 1, 2020 must have filed a 2019 income tax return;
  • those started after January 1, 2020 must have filed a 2020 income tax return;
  • businesses started after January 1, 2021 must provide a record of gross income generated in 2021;
  • have an e-mail address and a valid business bank account with a Canadian financial institution; and
  • must operate on a full-time basis.

The business must be a home-based business and:

  • must operate on a full-time and permanent basis;
  • must be actively operating or conducting business in Manitoba immediately prior to the implementation of applicable public health orders;
  • affected by Manitoba COVID-19 public health orders in effect as of November 12, 2020 or any revisions to those orders; and
  • operate in the region to which the public health order applies to.
Ineligible businesses

The following businesses or organizations are not eligible:

  • agriculture or farming industries;
  • real estate agents;
  • self-employed salespersons or commissioned-based salespersons;
  • health professionals;
  • lawyers, paralegals, accountants, translators, veterinarians, engineers or geoscientists;
  • businesses operating under a regulatory body of a profession;
  • those that deal in securities, manage financial portfolios or provide financial services;
  • organizations that conduct multilevel marketing;
  • organizations or businesses that were in arrears for taxes owing to Manitoba and that have not since rectified the amount in arrears; and
  • businesses that do not exist for the purpose of carrying on an active business in Manitoba.

In addition, businesses that rely on passive income are not eligible. Passive income is income is from the ownership of capital property or assets that generate income without excessive effort on the part of the stakeholder. Examples of passive income include rental revenue, dividends, royalties etc.

Application Document Requirements

Stream A

Before filling out the online application, ensure you have the following information ready:

  • your business number, companies office registry number, workers compensation board or retail sales tax account numbers (as applicable);
  • the business or organization’s bank account information; and/or
  • your social insurance number, if you are applying as a sole proprietor or partnership, when the partner is an individual. The applicant must be the sole-proprietor, partner, director, or authorized representative of the business or organization.

Stream A online application: https://forms.gov.mb.ca/bridge-grant-stream-a/

Stream B

Before proceeding to the online application, ensure you have the following information ready:

  • your business number, companies office registry number, workers compensation board or retail sales tax account numbers (as applicable);
  • operating prior to January 1, 2020 – sole proprietors or partnerships must provide, an image (.jpg or jpeg) of page 2 of the 2019 Statement of Business and Investment Income T2125, showing line 8299; for corporations, businesses must provide an image (.jpg or jpeg) of page 1 of 2019 Schedule 125 – Income Statement Information;
  • for businesses that started operating after January 1, 2020 – sole proprietors or partnerships must provide, an image of page 2  of the 2020 Statement of Business and Investment Income T2125, showing line 8299; if you are a corporation, your business must provide an image of page 1 of 2020 Schedule 125 – Income Statement Information. Note: exception only for corporations that are not yet required to file their corporate tax return. These businesses may provide their trial balance or sales ledger.
  • businesses that started in 2021 – businesses must provide their trial balance or sales ledger for the period the business has been operating.
  • the business’ bank account information (personal bank accounts will not be accepted unless you are a sole proprietor operating without a registered business name), including an image (.jpg or jpeg) of a void cheque;
  • your social insurance number, if you are applying as a sole proprietor or partnership, when the partner is an individual. The applicant must be the sole-proprietor, partner, director, or authorized representative of the business or organization.

Stream B online application: https://forms.gov.mb.ca/bridge-grant-stream-b/.

If you like this article “Manitoba Bridge Grant for Businesses and Organization”, please share it with your friends and family. Also, subscribe to our newsletter and YouTube Channel to ensure you don’t miss any update from us.  Finally, don’t forget to join our community to connect with others. Lastly, you can also follow us on our social media pages – TwitterFacebookInstagram and LinkedIn.

About Emmanuel Oluwatosin

Co-founder & Publisher of AfricaX. He is interested in: Technology | Media | Startup | Business | Education. Emmanuel currently lives in Calgary, Canada with his family.

View all posts by Emmanuel Oluwatosin →