How much funding can be received?

Funds up to 50000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Women Entrepreneurship Loan Fund?

Women Entrepreneurship Loan Fund is funded by Innovation, Science and Economic Development Canada (ISED), Government of Canada, Innovation Canada

What are Women Entrepreneurship Loan Fund's eligibility criterias?

Applicants must be women entrepreneurs. Loans are available particularly for start-ups, underrepresented groups, or sole proprietorships. Business must be located in Canada.

Women Entrepreneurship Loan Fund

grant_single|update April 18, 2025

Canada

Loans for women entrepreneurs

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grant_single|openingDate June 28, 2022

grant_single|financingType

Loans and Capital investments

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Innovation, Science and Economic Development Canada (ISED)
Government of Canada
Innovation Canada

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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.

grant_single_labels|terms_and_conditions

Loans of up to $50,000 available to female entrepreneurs, notably for start-up businesses or sole proprietorships.

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Starting or growing a business led by a woman entrepreneur.

grant_single|admissibleProjectsExample

$ 50,000

Creating a tech startup focusing on AI solutions for small businesses

$ 50,000

Establishing a local farm-to-table restaurant

$ 50,000

Starting a mobile hair salon for low-income women

$ 50,000

Opening a new bakery specializing in gluten-free products

$ 50,000

Launching an eco-friendly clothing brand

$ 50,000

Launching an online platform for Indigenous art

grant_single_labels|admissibility

The application must be submitted by a female entrepreneur.
The loan specifically targets start-up businesses or sole proprietorships for which access to credit is more difficult.
The application must be submitted to one of the selected funding organizations (for example: Women’s Enterprise Organizations of Canada, NACCA, Nventure, Coralus, Evol).

grant_eligibility_criteria|who_can_apply

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).

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This fund aims to provide financial support to women entrepreneurs in Canada, particularly for start-up businesses and underrepresented groups. The loans are intended to help overcome the financial barriers women face in business development.

Funding for start-up businesses led by women entrepreneurs.
Support for underrepresented groups of women in entrepreneurship.
Loans to sole proprietorships operated by women.

grant_eligibility_criteria|zone

Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon

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Here is additional relevant information for this grant:

The total funding available for the program is 55 million dollars.
The program is part of a larger initiative, the Strategy for Women in Entrepreneurship (SFE).
The fund specifically targets microloans with a maximum loan of $50,000.