Lack of Investment: Manitoba First Fund (MFF) yet to Invest $100 Million in Local Enterprises
In April, it will be two years since the former Heather Stefanson government announced that it would commit $50 million to a new venture capital fund of funds, called the Manitoba First Fund (MFF). However, none of that money has yet to be invested in Manitoba enterprises. The financial commitment from the government eventually doubled to $100 million about a year later, but still, the MFF has not made any investments in local businesses.
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