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WeBC — Business Mentoring and Peer Groups - BC - Canada

WeBC — Business Mentoring and Peer Groups

Last Update: January 24, 2025
BC, Canada
Mentors for women entrepreneurs in B.C

WeBC — Business Mentoring and Peer Groups at a glance

Eligible Funding
  • No Condition
Timeline
  • Continuous Intakes
Financing Type
Other Support
Expert Advice
Eligible Industries
  • Professional, scientific and technical services
  • Other services (except public administration)
  • Public administration
Grant Providers
  • WeBC
Status
Open

Overview of the WeBC — Business Mentoring and Peer Groups program

Get paired with a mentor or a peer group to help you develop your business skills, manage risks and increase your knowledge in business.

Financing terms and conditions

This grant aims to empower women entrepreneurs through business mentoring and peer groups. It focuses on providing confidence and knowledge necessary for business growth, supported by the Government of Canada’s Women Entrepreneurship Strategy.
  • The program offers no direct financial disbursements but focuses on mentorship and peer support facilitation.
  • Measures success through increased business confidence and knowledge acquisition among participants.

Eligible projects & activities

The WeBC grant focuses on empowering women entrepreneurs through structured mentoring and peer support activities. The targeted projects are designed to enhance business skills, confidence, and technological sophistication among participants.
  • One-to-One Mentoring where entrepreneurs get personalized guidance from experienced mentors.
  • Growth Peer Mentoring Groups to foster collaborative learning and support among women entrepreneurs.
  • Digital Strategic Leadership Program to enhance technology integration and leadership skills in tech-oriented businesses.
  • Opportunities for experienced entrepreneurs to volunteer as mentors, sharing invaluable business insights.
Examples of admissible projects:

$ 18,000

Become a mentor program for experienced business owners

$ 20,000

Launch a growth peer mentoring group for women in tech entrepreneurship

$ 35,000

Enhance business development through tailored one-to-one mentorship program

$ 30,000

Tailored mentorship program for enhancing financial risk management skills

$ 45,000

Develop a digital strategic leadership program for sustainable business innovation

$ 25,000

Launch a marketing campaign for a digital strategic leadership program

Eligibility criteria of the WeBC — Business Mentoring and Peer Groups program

Eligibility for participation in the mentoring programs is designed to support women entrepreneurs who are seeking to grow their business skills and networks.
  • The applicant must be a woman entrepreneur interested in improving her business skills and confidence.
  • The program is suitable for women who are open to sharing knowledge and experiences with peers and mentors.
  • The applicant should be willing to participate actively in mentoring sessions and group discussions.
  • The applicant should be located in Canada as the program supports entrepreneurs across the country.

Who is eligible?

This grant is part of the Government of Canada’s Women Entrepreneurship Strategy, specifically for women entrepreneurs. The program is designed to support women business owners through mentoring and peer groups, offering them access to mentors and peer support tailored to their business needs. Women entrepreneurs across Canada seeking to enhance their business skills, gain confidence, and build a stronger support system are encouraged to apply, provided they align with the mission of fostering female entrepreneurship and growth within the Canadian economic ecosystem.

Eligible expenses

This grant focuses on connecting women entrepreneurs through mentorship and peer support to foster business growth and confidence. The eligible projects aim to provide targeted support and learning opportunities for women in business.
  • One-to-One Mentoring to pair entrepreneurs with experienced mentors aligned with their business journey.
  • Growth Peer Mentoring Groups for collective support and sharing among women entrepreneurs.
  • Discovery Foundation’s Digital Strategic Leadership Program to enhance technological implementation in businesses.
  • Opportunities for experienced business owners to become mentors and support budding entrepreneurs.

Eligibility criteria of the WeBC — Business Mentoring and Peer Groups program

There are evaluation and selection criteria for this grant. The evaluation process considers the following criteria:
  • Alignment with the program's objectives and focus on women entrepreneurship
  • Demonstrated need for mentorship and potential for business growth
  • Applicant's commitment to actively participate in the mentoring program
  • Potential impact on the participant's confidence and business skills

How to apply to the WeBC — Business Mentoring and Peer Groups program

1
Determine Eligibility
  • Ensure your organization is part of the Government of Canada’s Women Entrepreneurship Strategy initiatives.
  • Verify all requirements specific to your business and the program.
2
Assemble Required Information and Documentation
  • Prepare a detailed outline of your business goals and mentoring needs.
  • Gather information on your current business operations, achievements, and areas needing support.
3
Complete Application Form
  • Access the application form from the designated website or portal.
  • Fill out all sections of the form accurately, including personal, business, and financial information.
4
Submit Application
  • Review your application to ensure completeness and accuracy.
  • Submit the application through the specified platform or email address, as directed.
5
Confirmation and Follow-Up
  • Receive a confirmation receipt of your application submission.
  • Follow up with the funding body if you do not receive a confirmation within a reasonable time frame.

Additional information

Here are additional relevant details for this grant:
  • The grant is part of the Government of Canada’s Women Entrepreneurship Strategy.
  • The program has facilitated over 2,800 mentorship matches since 2007.
  • 95% of past participants would recommend the program to other women.

Apply to this program

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