Skip to Main Content

Financial Support for Canadian Women Entrepreneurs

Financial Support for Canadian Women Entrepreneurs

In the world of startups and entrepreneurial ventures, money serves as the oxygen that breathes life into innovative ideas and strategies. For Canadian women entrepreneurs eager to bring their business visions to fruition, securing the necessary funding can often feel like a daunting challenge.

While various avenues such as business grants and loans exist to support women in Canada, navigating the landscape to determine the best funding option and eligibility criteria can prove to be a complex task.

Each grant and loan program comes with its own set of unique requirements and deadlines, making it essential for aspiring entrepreneurs to be well-prepared with the necessary documentation, including a robust business plan and adequate business insurance coverage to mitigate liability risks.

Let's explore some of the avenues available to Canadian women entrepreneurs seeking financial support for their ventures:

Government and Non-Profit Programs

Independent Initiatives

  • Zensurance Small Business Grant 2024: Zensurance offers an annual $10,000 grant to Canadian small businesses, startups, and entrepreneurs.
  • Amber Grant for Women: Open to both Canadian and American women entrepreneurs, the Amber Grant offers monthly grants of $10,000 with additional awards available at the end of the year.

Financial Institutions and Corporations

  • Scotiabank Women Initiative: This program offers access to capital, including loans, for women entrepreneurs.
  • Global Fund for Women: While not exclusive to Canadian entrepreneurs, this fund supports initiatives focused on women’s rights and equality.

Provincial and Territorial Support

Additional Resources

  • Startup Women: This program offers resources, connections, and mentorship to early-stage women entrepreneurs across Canada.
  • Alberta Women Entrepreneurs (AWE): AWE offers loans and advisory services to women-led small businesses in Alberta.
  • IFundWomen Grants: While currently unavailable, IFundWomen Grants provide funding opportunities for women entrepreneurs through partnerships with various corporations.
  • Canadian Women’s Foundation: CWF supports women, Two Spirit, trans, and non-binary individuals with programs and funds for business startups and skilled trades.
  • Government of Canada: The federal government offers a searchable database of grants, financing programs, and tax credits to support businesses at the national, provincial, and territorial levels.

In conclusion, while the journey to securing funding for a startup or entrepreneurial venture may seem challenging, Canadian women entrepreneurs have access to a diverse array of resources and programs designed to support their growth and success. By leveraging these opportunities and navigating the funding landscape strategically, aspiring women entrepreneurs can turn their business dreams into reality.

How to Become a Client

Becoming an Innovate Niagara client is quick and easy, and there’s no fee. 


Complete the Become a Client form online.


We’ll schedule you a meeting with an advisor.


Meet with that advisor to plan your next steps.


(905) 685-3460 Contact

Open Modal