As Alberta continues its effort to grow and diversify our economy, they are ensuring that women entrepreneurs in the province have more access to funds to create and grow their businesses, creating more jobs and a stronger business environment for everyone.
Alberta is investing $6 million in grant funding for business loans that will support women by providing more access to capital. This loan program offers low interest loans and advisory support to women entrepreneurs.
Alberta Women Entrepreneurs and Community Futures Network of Alberta will administer the loans with each organization receiving $3 million of the grant funding through the Women’s Economic Recovery – Capital Growth Initiative.
Businesses can apply for up to $75,000 for eligible costs including operating capital, equipment, leasehold improvement, inventory, non-owner salaries, and professional fees.
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