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Strong execution key to achieving blockbuster exits for Manitoba companies

Wolftrax  Innovative Micronutrients and Manitoba Harvest Hemp Foods

Two recent deals involving Manitoba-based companies in the agriculture (ag) sector have captured the attention of venture capital firms across the globe.

Manitoba Harvest Hemp Foods, which manufactures a range of branded hemp food products retailed across North America, sold for $132.5 million to Connecticut-based Compass Diversified Holdings. Wolf Trax Inc, an agriculture technology company that's focused on developing, manufacturing and selling high efficiency fertilizer and seed treatments was acquired by Compass Minerals for $95 million.

Avrio Capital, a Canadian agribusiness venture capital firm, benefitted from both deals — realizing returns of nine times its investment for the Manitoba Harvest Hemp sale and 15.4 times for its exit from Wolf Trax.

The Wolf Trax deal was so significant it garnered Avrio the Canadian Venture Capital & Private Equity Association (CVCA) Deal of the Year Award. The honour recognizes CVCA members with the most significant investment return realized during the calendar year.

Read more to learn about what these results mean for Manitoba's startup scene >

 
 
World Trade Centre - Winnipeg

WTC Winnipeg signs on as Visionary HERO for Manitoba startups

Innovate Manitoba is pleased to welcome World Trade Centre (WTC) Winnipeg as its newest Visionary HERO Sponsor for all its annual Bootcamps and Competitions for startups. "We have attended several innovate Manitoba events in the past year and were always very impressed with their quality and the training provided to the entrepreneurs," said Mariette Mulaire, President and CEO of the WTC Winnipeg. "In a nutshell, we really want to build on our relationship because we see a great fit!"

Learn more >

Pitch'Day

SAVE THE DATE: Pitch'Day 2015 goes down on Wednesday, November 18!

Registration is open for Manitoba's most epic business idea pitch event. Last year, over 200 students, entrepreneurs, innovators, and investors came out to witness the action. Do you have the next big startup idea? If so, you absolutely won't want to miss Pitch'Day! PITCH. VALIDATE. CONNECT.

Register to attend or pitch! >

Start UP Canada

Startup Winnipeg nets $1 million for new facility

On July 29, 2015, The Honourable Michelle Rempel, Minister of State for Western Diversification announced $1 million dollars of funding for Startup Winnipeg towards a new 22,000 sq. ft. facility located on Winnipeg's Innovation Alley.

Read more >

Annual Report

IN CASE YOU MISSED IT: IM's Annual Report 2014-15

2014-2015 was an outstanding year for Manitoba's startup and innovation scene. Check out our annual report to learn just how well we did together!

Read the report and a note from IM's president >

MaRS

Do you really know your market? You better if you are looking for risk capital!

Innovate Manitoba has teamed up with MaRS Discovery District to create its Market Intelligence Program. This world-class program provides Manitoba's leading entrepreneurs and startups with access to the best market research available — and at no cost! A limited number of opportunities are available. Apply now!

Get intimate with your market >

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Partner and
community events


September 14, 2015

SDTC FUNDING WORKSHOP

This Workshop is for cleantech entrepreneurs looking to apply for SDTC funding. Meet other funders in your community, hear from successful SDTC funded companies, and get connected.

Register here >

September 15, 2015 in Canada/Paris

PARIS FRENCH TECH TICKET

The French Tech Ticket is a program designed for non-french entrepreneurs from all over the world who want to set-up their startup in Paris.

Apply by September 15 >

October 14, 2015 in Canada

SDTC FUNDING APPLICATIONS

Through the SD Tech FundTM, SDTC supports technologies that address the challenges of Clean Air, Soil, Water and Climate Change. Access funding ranging from $200,000 to $15 million.

Apply by Oct. 14, 2015 >

October 16, 2015 in Winnipeg

SMALL BUSINESS WEEK KICKOFF LUNCHEON

Calling all entrepreneurs, small business owners, and business service providers for an exciting luncheon event full of inspiration, learning, and opportunity.

Register here >

October 19, 2015 in Dauphin Manitoba

TAKE THE LEAP

Manitoba's rural business conference. Learn and get inspired from some of Manitoba's most successful rural entrepreneurs.

Take The Leap >

November 17 & 18, 2015

AGRI INNOVATION FORUM

This year's Forum is themed: 'The New Bioeconomy: Tackling The 9 Billion-People Problem'. It is a must-attend for innovators and leaders looking to learn about the highest potential emerging, growth stage, and established agri-businesses. It is deeply rooted in promoting constructive deal flow between agri-entrepreneurs, corporate strategics, and investors from across North America.

Registration is open >

Various Dates in Winnipeg

WORLD TRADE CENTRE FREE TRAINING/SEMINARS

Learn about various subjects to help you succeed in business, including: Government Procurement, HR priorities, Provincial Sales Tax, Supply Chain Management, Twitter and more.

More info >

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Brent Wennekes
tel. 204.631.3323
brentwennekes
@innovatemanitoba.com

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