Apply to the Women Entrepreneurship Loan Fund
The Women Entrepreneurship Loan Fund—a key part of the Government of Canada $6 billion Women Entrepreneurship Strategy—is delivering much-needed access to capital to women entrepreneurs across the country. Through selected delivery organizations, the program provides women entrepreneurs with up to $50,000 in loans and helps with business planning, training and loan aftercare.
What is the Women Entrepreneurship Loan Fund?
Access to capital, particularly in smaller amounts, remains a significant barrier for many women entrepreneurs seeking to start or grow their businesses. To help address this barrier, the Government of Canada allocated $55 million in Budget 2021 for the creation of a new national microloans fund. This new program is providing loans of up to $50,000 to women entrepreneurs, particularly for start-ups, underrepresented groups or sole proprietorships which may experience more difficulty in accessing financing.
For information on how to apply for your loan, visit Women Entrepreneurship Loan Fund.
connect with us