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WeBC
Funding for Women entrepreneurs in BC
Gives small businesses loans up to $50,000 to start, grow, or maintain their operations. It's designed to support various business needs.
Provides term loans up to $50,000 for eligible business expenses, with terms up to 5 years and interest at Prime + 4%. No penalty for early repayment; maximum 1% or $500 administration fee. Applicants also receive free wrap-around supports including advisory services, training, and mentoring from WeBC. Eligible expenses are broad, covering capital assets, office/equipment rental, salaries/benefits (excluding owner’s salary), IT/software, professional services, inventory/supplies, intellectual property, working capital, digital development, marketing, employee training, short-term receivable financing, and business start-up costs.
Business Size: small, medium
Region: British Columbia
Demographics: women entrepreneurs, non-binary entrepreneurs, 50% or more woman-owned
Revenue Range: Up to $2M
Other Criteria: Business owned by a Canadian citizen or a legal entity owned and controlled by a Canadian citizen, Must have a business plan, including cash flow forecasts for a minimum of two years, Applicant must be at least 19 years of age, Applicant must be a Canadian citizen or Permanent Resident, Applicant must be residing in Canada
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This program is available to small, medium businesses located in British Columbia.
This program offers funding up to $50,000.
This program is ongoing with no fixed deadline.
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