Program to Help Loewen Develop New Technologies

June 30th, 2014 by Editor

Loewen, the door and window manufacturing enterprise based in Steinbach, Manitoba has been approved for participation in the Western Innovation Initiative (WINN). WINN is a five year federal initiative, administered by Western Economic Diversification Canada (WD). This initiative offers repayable loans to small- and medium-sized enterprises (SMEs) with operations in Western Canada, to assist with commercialization of new and innovative technologies to the marketplace.

The company expects the WINN loan to lead to increased employment in the Steinbach region through increasing sales of Loewen products.

“The company is very excited to receive access to the repayable loan capital from WD,” says Clyde Loewen, senior vice president of product. “Initiatives and programs such as WINN, the Industrial Research Innovation Program (IRAP), Manitoba Entrepreneurship, Training and Trade (METT) and YES Winnipeg are well targeted to support companies which can drive innovation, economic development and jobs growth in the region.”

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