Open
Women Entrepreneurship Loan Fund
Loans for women entrepreneurs
Last Update: March 4, 2026
Funding available
$ 50,000
Timeline
- Open Date : June 28, 2022
Location
Canada
Overview
Receive a microloan of up to $50,000 to start or grow your business if you are a woman entrepreneur, particularly if you are a start-up, from an underrepresented group or a sole proprietorship.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop a new product or service
- Develop an online presence
Eligible Funding
- Maximum amount : 50,000 $
Timeline
- Open Date : June 28, 2022
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Startups
- Women
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting or growing a business led by a woman entrepreneur.
Eligibility
Who is eligible?
- Women-led businesses or female sole proprietorships.
- Start-up businesses founded by women.
- Businesses owned by women entrepreneurs facing difficulties in accessing credit.
- Indigenous women-owned businesses (through partner Indigenous financial institutions).
Eligible geographic areas
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
Additional information
- Coralus does not operate a continuous intake for loan applications.
- NACCA acts as an umbrella organization for Aboriginal Financial Institutions (AFIs) across Canada serving Indigenous entrepreneurs.
- Each selected delivery organization may have differing application processes and requirements; details can be found on their respective websites.
- The program is part of the broader Women Entrepreneurship Strategy (WES) initiated by the Government of Canada.
Documents and links
Frequently Asked Questions about the Women Entrepreneurship Loan Fund Program
Here are answers to the most common questions about the Women Entrepreneurship Loan Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Women Entrepreneurship Loan Fund?
Receive a microloan of up to $50,000 to start or grow your business if you are a woman entrepreneur, particularly if you are a start-up, from an underrepresented group or a sole proprietorship.
How much funding can be received?
Women Entrepreneurship Loan Fund Funds up to $50,000 of admissible expenses.
Who is eligible for the Women Entrepreneurship Loan Fund program?
To be eligible for the Women Entrepreneurship Loan Fund program, you must:
Applicants must be women entrepreneurs.
Loans are available particularly for start-ups, underrepresented groups, or sole proprietorships.
Business must be located in Canada.
What expenses are eligible under Women Entrepreneurship Loan Fund?
Starting or growing a business led by a woman entrepreneur.
Where is the Women Entrepreneurship Loan Fund available?
The Women Entrepreneurship Loan Fund program is available across Canada.
Is the Women Entrepreneurship Loan Fund a grant, loan, or tax credit?
Women Entrepreneurship Loan Fund is a Loans and Capital investments
Who are the financial supporters of the Women Entrepreneurship Loan Fund?
Women Entrepreneurship Loan Fund is funded by Innovation Canada, Innovation, Science and Economic Development Canada (ISED), Government of Canada