How much funding can be received?

Funds up to 100000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Vancity Unity Women Entrepreneurs Program?

Vancity Unity Women Entrepreneurs Program is funded by WeBC

What are Vancity Unity Women Entrepreneurs Program's eligibility criterias?

A woman who owns and controls at least 51% of a business registered and located in BC. In business for at least six months for the line of credit option; twelve months for the term loan option. Located in the Lower Mainland, Fraser Valley (up to and including Hope), Victoria, or Sea to Sky region.

Vancity Unity Women Entrepreneurs Program

Last Update: July 22, 2025

BC, Canada

Empowering women entrepreneurs with financing and mentorship support

Vancity Unity Women Entrepreneurs Program at a glance

Eligible Funding

Max. $100,000

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

WeBC

Program status

Open

Overview of the Vancity Unity Women Entrepreneurs Program program

The Vancity Unity Women Entrepreneurs Program, in partnership with WeBC, offers up to $100,000 in financing to support women-owned businesses in British Columbia through startup lines of credit and growth loans. The program aims to provide essential funds, business training, and mentoring services to help women entrepreneurs enhance their skills and expand their enterprises.

Financing terms and conditions

The Vancity Unity Women Entrepreneurs Program provides targeted financing options designed to support the unique needs of women-owned businesses at different stages of growth. These options help ensure access to necessary capital with advantageous terms.

A variable rate line of credit up to $20,000 for startups, with the rate at Vancity Prime +3%.
A variable rate term loan up to $100,000 for growth, with a rate at Vancity Prime +1.5% after an initial interest-free period of six months.
The growth loan offers a maximum term of 60 months.
Both financing options include complimentary business training and mentoring services from WeBC.

Eligible projects & activities

The Vancity Unity Women Entrepreneurs Program provides financing specifically for women-owned businesses that are either in the startup phase or looking to grow their operations. This aims to enhance their access to necessary capital and support systems.

Financing for women-owned startup businesses operating for at least six months to access a line of credit up to $20,000.
Growth loans for women-owned businesses operational for at least 12 months to access funding up to $100,000.
Support from WeBC, including access to business training and mentoring for skill development, risk management, and future planning.

Eligibility criteria of the Vancity Unity Women Entrepreneurs Program program

Eligibility for the Vancity Unity Women Entrepreneurs Program requires adherence to specific criteria related to business ownership, location, and the applicant's profile.

The applicant must be a woman who owns and controls at least 51% of a business.
The business must be registered and located in British Columbia, specifically in the Lower Mainland, Fraser Valley (up to and including Hope), Victoria, or Sea to Sky region.
The applicant must be a Canadian citizen or Permanent Resident.
The applicant must be over 19 years old.
The business must have been operating for at least six months for the line of credit option and at least twelve months for the term loan option.
The business must have a minimum credit score of 680 for the line of credit option.
Applications from outside the specified regions for the Start-Up Option will be reviewed on a case-by-case basis, but the Growth Option is not available outside of Vancity’s lending region.

Who is eligible?

The Vancity Unity Women Entrepreneurs Program is designed for women who own and control at least 51% of a business that is registered and located in British Columbia. Eligible applicants must be Canadian citizens or Permanent Residents over the age of 19 years. Additionally, businesses should have been operational for a minimum of six months for the line of credit option and at least twelve months for the growth loan option. The applicants must be located in specific regions including the Lower Mainland, Fraser Valley (up to and including Hope), Victoria, or Sea to Sky region. A minimum credit score of 680 is required for the line of credit option. While the Start-Up Option allows for some discretion for applications from outside the listed areas, the Growth Option is strictly available within Vancity’s lending region.

Eligible geographic areas

This grant is intended for companies situated in regions served by the funding organization. The eligible areas for applicants ensure local economic development and support women entrepreneurs effectively.

Businesses located in the Lower Mainland.
Companies based in the Fraser Valley, up to and including Hope.
Enterprises in Victoria.
Organizations operating in the Sea to Sky region.

How to apply to the Vancity Unity Women Entrepreneurs Program program

Initial Inquiry

Email the Unity Women Entrepreneurs Program at unitywomenentrepreneursprogram@vancity.com for inquiries or to express interest in applying.

Visit Vancity Website

Navigate to the Vancity website to access detailed program information and application guidance.

Prepare Application

Gather and prepare all necessary documents, such as business registration details, proof of ownership, and financial statements.
Ensure that the business meets the eligibility criteria, including being in operation for the required duration and located within the eligible regions.

Submit Application

Complete the application process by following the instructions provided on the Vancity website.
Submit your application and supporting documents as per the instructions.

Await Further Instructions

Wait for further communication from Vancity regarding the status of your application.

Additional information

Here are additional relevant details for this grant:

Complimentary support and advice are provided through WeBC, including access to a resource library and business advisors to aid in business goal achievement.
WeBC offers peer and one-to-one mentoring programs as part of the support services.
There's an emphasis on skill development, risk management, and future planning support from WeBC.
The line of credit option has a simplified approval process, potentially making it quicker compared to traditional options.
For the Growth loan, the first 6 months are interest-free, allowing entrepreneurs some financial relief during the initial period.