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Women's Enterprise Centre of Manitoba (WECM) Business Loans

Non-profit business loans up to $150,000 and advisory services for women-owned Manitoba businesses.

About this program

The Women's Enterprise Centre of Manitoba (WECM) is a not-for-profit organization that has supported women entrepreneurs in Manitoba for over 25 years. WECM provides business loans up to $150,000 to women-owned businesses (at least 51% women-owned) at competitive rates, bundled with free advisory services, business plan reviews, training workshops, and mentorship. WECM is supported by Prairies Economic Development Canada under the Women Entrepreneurship Strategy and uses broader lending criteria than commercial banks to make capital accessible to women entrepreneurs at all stages.

Eligibility

Women-owned businesses (at least 51% women-owned) operating or starting in Manitoba; range of business stages from startup to established; willingness to engage with WECM advisory services; standard creditworthiness evaluation (with flexibility considering business viability).

Requirements

  • At least 51% woman-owned business
  • Manitoba-based business operation
  • Business plan and financial projections