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Women Entrepreneurship Loan Fund
Innovation, Science and Economic Development Canada · The Women Entrepreneurship Loan Fund provides loans of up to $50,000 to women entrepreneurs to start or grow their businesses.
Overview
The Women Entrepreneurship Loan Fund provides loans of up to $50,000 to women entrepreneurs to start or grow their businesses. The program is delivered by four selected organizations across Canada and is funded through federal budget announcements totalling $126 million since 2021.
Eligibility
Must be a woman entrepreneurBusiness must be starting or growingMust meet delivery organization's specific eligibility requirementsEligible projects
Starting a businessGrowing an existing businessFinancing terms
Loans up to $50,000Delivered by four selected organizationsHow to apply
1Check eligibilityConfirm you meet every criterion listed above before you start.
2Prepare the project packageProject description, budget with quotes, team, and recent financial statements.
3Apply on weoc.caGovgrant members can draft the application with AI and export a formatted PDF.
4Respond to reviewer questionsMost programs come back with one round of questions within a few weeks of submission.
Additional information
Program established with $55 million in Budget 2021Additional $12 million invested in March 2025 and $59 million in June 2026 through Women Entrepreneurship Strategy renewalFour delivery organizations selected: WEOC, NACCA, Nventure, and EvolApplicants must apply directly through delivery organization websites for specific eligibility and application detailsAt a glanceMaximum$50KProviderInnovation, Science and Economic Development CanadaDeadlineRolling intakeStatusOpenRegionCanadaOfficial sourceweoc.ca ↗
Members only
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