MMDF application process offering an enhanced client experience; $10 million in funding available over three years

Oct 12, 2022 | Chamber News, Front Page, Fund Opps, Government News, MCC in the News, Policy

WINNIPEG, October 12, 2022 — Today, the Manitoba Mineral Development Fund (MMDF) re-opened application intake, boasting a renewed, efficient, user-friendly application process.

MMDF will distribute $10M over the next three years to support mineral development in Manitoba with a focus on increasing mineral exploration, strengthening Manitoba’s mining supply chain, and building partnerships with Indigenous communities and organizations.

The new intake period will last from October 2022 to March 2025, with project reviews occurring on a bi-monthly basis. Project applicants will see new functionality, including:

  • User-friendly online application form
  • Real time application status updates
  • Increased efficiency in the contribution agreement process

Chuck Davidson, President and CEO of the Manitoba Chambers of Commerce and Chair of the Manitoba Mineral Development Fund, notes, “The mining industry will play a critical role in economic growth and recovery in Manitoba in the coming years. MCC is pleased to support the Manitoba government in strengthening the mining supply chain in the province, ensuring funding is allocated to projects with lasting economic impacts.”

On June 14th, 2022, at the Prospectors and Developers Association of Canada conference, the Province of Manitoba announced their renewed partnership with the Manitoba Chambers of Commerce (MCC) to manage the Manitoba Mineral Development Fund (MMDF) over the next three years. View the release: Manitoba Government Dedicating $10 Million to Mining Industry

Between July 2020 and March 2022, MMDF provided more than $5.4 in funding to support 41 projects primarily in northern Manitoba. View the release: Manitoba Government Supports Northern Economic Development Through the Manitoba Mineral Development Fund

“Mining development in Manitoba is an economic foundation in our province,” says Honourable Greg Nesbitt, Minister of Natural Resources & Northern Development. “It provides increased opportunities for partnerships and development along with employment opportunities that will strengthen and greatly benefit communities in the North and across the province. Supporting and investing in projects that contribute to sustainable mineral development will help position Manitoba as leaders in the mineral sector.”

The Manitoba government established the MMDF in 2019 with an initial investment of $20 million to provide funding for economic development and mining projects in northern Manitoba and mineral development-related projects throughout the province. Each year, six per cent of tax revenue collected from the Mining Tax Act is allocated to the fund.

MCC has final decision-making authority over which projects will be supported, and reports annually to the province about the fund’s activities, results, and financial health.

For more information or to apply for funding: Home – MMDF

 

 

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