top of page

North Forge Releases 2024/2025 Impact Report

Sep 22

At North Forge, our mission has always been clear: to empower entrepreneurs, strengthen innovation, and drive economic growth across the Prairies. Today, we are proud to share our 2024/2025 Impact Report, highlighting the incredible progress we have made together with our founders, partners, and community.


Close up of a light bulb squeeze toy

Startup Success

Since 2020, we’ve supported 548 companies, helping create 1,080 jobs and contributing $64.4 million to Manitoba’s economy. Through ElevateIP, 131 startups have protected their intellectual property, filing 229 assets valued at more than $2.5 million .


Inclusive Innovation

Nearly half of the businesses we support are led by underrepresented groups. With 32% visible minority founders, 29% women, and 12% Indigenous, initiatives like WiLab™ and WeTech Loans are reducing barriers and strengthening diversity in entrepreneurship .


Global Reach & World-Class Facilities

This year, 10 international startups joined our community through the Start-up Visa Program, with founders from Australia, Pakistan, Singapore, and China choosing Manitoba to scale.


Powered by Partnerships

As a not-for-profit, 95% of our $4.8M annual budget goes directly to programming. With the support of 37 strategic partners and our growing community, we are fuelling innovation that drives jobs, investment, and opportunity across the Prairies .


Explore the full 2024/2025 North Forge Impact Report to see how together we are building an inclusive, world-class startup ecosystem.





Related Posts

Don't miss out.

Sign up for our email updates and be the first to know about the latest news, trends, and exclusive content delivered straight to your inbox.

bottom of page