WeMB — WeTech Loans

Overview

Your women-led tech business can receive a loan of up to $25,000, and gain access to expert advice and resources to help you launch and grow your market-ready startup.

At a glance

Eligibility and requirements

Money Maximum: $25,000 Repayable (An interest-free contribution to be spent, and paid back in full, as outlined in your agreement)  You Are a business that is 51% or more owned by self-identifying women+ (cis, trans, 2S, and gender diverse) Your project Must be market-ready (fully developed prototype)

How it works

The maximum loan term is 3 years Interest rate is prime plus 4% Interest-only payments for the first 6 months (if required) Loan payments are due on the 15th of each month There are no penalties to repay the loan early or make extra loan payments No loan application fees If the loan is approved, a 1% Loan Administration Fee (plus GST) is charged based on the approved amount. The maximum fee will be $250 plus GST.

How Mona Studio helps business owners use this program

WeMB — WeTech Loans is one of many Canadian funding options listed in our grant finder. Mona Studio helps technology teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

Similar funding opportunities

• CDEM — Financing — Economic Development Council for Manitoba Bilingual Municipalities
• Community Enterprise Development Tax Credit Program — Government of Manitoba, Department of Agriculture
• Community Futures Manitoba — Entrepreneurs with Disabilities Program — Community Futures Manitoba
• First Peoples Economic Growth Fund — Community Economic Expansion Program — First Peoples Economic Growth Fund Inc.
• First Peoples Economic Growth Fund — Entrepreneur Loan Program — First Peoples Economic Growth Fund Inc.