Program Overview
Please note, the program will be re-launching in Fall 2022. Check back soon for important updates to program guidelines and application intake deadlines.
MMDF (Manitoba Mineral Development Fund) is a $20M provincial fund, administered by the Manitoba Chamber of Commerce, that funds northern economic development and mining projects that create Indigenous partnerships, grow employment in northern Manitoba, and stimulate investment.
Mineral development-related projects outside of Northern Manitoba are also eligible for funding. Each year MMDF can approve up to $2M for projects undertaken by municipalities, Indigenous communities, and non-profit or for-profit organizations that align with the Fund’s objectives.
Project Goals/Outcomes
The evaluation of project outcomes is an important component of the transparent management of MMDF. The below section provides a framework for evaluating short- and long-term outcomes for our approved projects.
TIMELINES | PERFORMANCE MEASURE |
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Short Term | |
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Medium Term | |
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Long Term | |
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Project Selection Criteria
Applications for funding will be assessed based on the project’s overall alignment with MMDF’s objectives and the project’s potential outcomes, location, feasibility, and viability. More specifically, projects will be analyzed using the following selection criteria.
PROJECT SELECTION
CRITERIA | DESCRIPTION |
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Community Need |
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Economic Impact |
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Collaboration and partnerships |
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Local involvement/ community support |
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Sustainability beyond the project timelines |
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Project Feasibility/Viability |
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MINERAL EXPLORATION PROJECT CRITERIA
CRITERIA | DESCRIPTION |
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Location |
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Local procurement |
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Local employment |
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Opportunities for community engagement or partnerships |
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Historic Results |
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Incremental Activities |
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Application Process
Criteria | Description |
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APPLICATION |
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APPROVAL |
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AGREEMENT MONITORING |
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Grant Requirements
Grant Terms
Projects funded by MMDF will be subject to the following guidelines for the provision of funding.
- MMDF will provide grants for projects of up to 10% of the Fund annually. This amounts to approximately $2M per year.
- The maximum level of funding for projects under MMDF for a for-profit organization is 50% for capital costs and 75% of non-capital costs.
- The maximum funding available for short term projects is $50,000
- The maximum funding available for medium- or long-term projects is $300,000 **
- Project funding will be available as a one-time grant, or, on an ongoing basis.
- Project funding will be provided to recipients on a repayable or non-repayable basis.
- The maximum amount of MMDF non-repayable funding will be determined on a matching basis (MMDF will match funds that are contributed by the recipient but will not exceed this amount).
- Terms of repayment and frequency of funding shall be outlined in the contribution agreement.
**The Board may approve funding for projects more than the proposed limits on a case-by-case basis
Eligible Costs
All proposed costs should demonstrate how they are essential to the implementation of the project.
Examples of eligible costs include, but are not limited to:
- Professional services for geoscience research and exploration
- Consulting services for community engagement
- Information management and information technology acquisitions
- Legal, administrative, accounting, licensing, permits
- Supplies, transportation
- Capital improvements/infrastructure costs related to projects
- Personnel: salary, travel expenses and benefits
- Other costs that are reasonable, incremental and directly attributable to activities necessary to achieve desired results, as specified by the agreement
Ineligible Costs
All costs incurred before the signing of a contribution agreement, unless authorized by MMDF, are not eligible for reimbursement. Costs that are deemed unreasonable, and/or not related to project activities will be ineligible for reimbursement.
Other costs ineligible for financing under MMDF include but are not limited to:
- Allowance for interest on invested capital, bonds, debentures, and other debt.
- Losses on investments, bad debts and associated expenses, other projects, and contracts
- Repayment of existing debts
- Amortization or depreciation of assets
- Federal and provincial income taxes, GST (recoverable portion)
- Employee bonuses
- Donations, dues, and membership fees
- Entertainment expenses
Access To Funds
- Once an application for funding is approved, a contribution agreement will be entered into between the recipient and the MMDF
- The agreement sets out terms and conditions for funding in accordance with Treasury Board’s Policy on Transfer Payments
- Failure to meet these terms set out in the contribution may result in non-payment and/or reimbursement of payments made
Project Reporting
- The contribution agreement will establish guidelines and reporting requirements (both financial and outcome based) for each project.
- The recipient shall develop and implement a performance management framework and reporting system to measure the performance of the project, provide progress reports on a regular basis and a performance report summarizing project reach, results achieved, and resources expended.
- The recipient shall provide MMDF with a copy of its annual report. 4. Upon request, or as outlined within the contribution agreement, MMDF may conduct an audit on the project.
Download the Program Guidelines Document here.