Manitoba Community Gives Cash for Business Investment

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RM of Pipestone

Apr 07, 2015, 09:00 ET


Manitoba (PRWEB) April 07, 2015 -- The RM of Pipestone is an investor's paradise. Known for its location in proximity to the petroleum industry they also boast prime real-estate and cash incentives for those that invest in the future of the Rural Municipality. With the purchase or construction of a business in the Municipality, business investments qualify for a cash incentive up to $32,000.00. This grant figure is based on the assessed value of the building constructed or purchased.

Although this is a substantial incentive to develop in the Municipality, it is under-utilized due to its unfamiliarity. Manager of Economic Development, Tanis Chalmers states "You can have it all here, diverse industries, prime location, developed land, and the opportunity for success." The Municipality has invested thousands of dollars into development of residential and commercial property. The low price of this land comes with all the services you will need to establish a business along with cash incentives and a prime location.

Although the Municipality is considered a rural area, it is a thriving one. "There are new families and young persons moving to the area on a regular basis. For a family looking for a prosperous opportunity in a safe location, this is where it is at!" explained Chalmers. Residents of the Municipality sustain active lifestyles through Municipal recreation programs, facilities such as schools, arenas and community complexes. "New business investment is not only supported by the surrounding industries but by the residents of this growing area" stated Chalmers.

In order to qualify for the funding an application needs to be submitted to the local Community Development Corporation (CDC). Following recommendation of the CDC board the RM of Pipestone Council approves applications. More information on this program and others can be found on the RM of Pipestone website.

Tanis Chalmers, RM of Pipestone, http://www.rmofpipestone.com, +1 2048773327, [email protected]